CSTM Fonts has released an early version of Niceforo on Future Fonts, a Renaissance serif by Yury Ostromentsky and Anya Danilova of Chaos Type. It revisits the first Georgian metal typeface, cut in Rome in 1629, and was drawn from the Georgian script first, with the Latin built to match. This first version includes an x-height axis, and further styles are planned.
starting from Georgian rather than bolting it onto a Latin design is the right way round, and still far too rare in multiscript work.