Go into options > video and change your rendering system to either Direct3D9 or OpenGL. If you don't see to options and only one, do say. c:
Next, go into C: >>> Feralheart >> media > particles and delete any ending in _0, _1, etc.
Also, go into the preset_8 folder and open the .mat with notepad. Paste all of its contents here. There may be something wron with the preset_8.material file which caues the game to crash on you.