• UAE-based Web3 gaming studio iBLOXX Studios has raised over $5 million from unnamed investors.
• Founded in 2021 by Domenik Maier, iBLOXX develops blockchain-enabled multiplayer games, including StrayShot, a mobile third-person shooter with in-game asset ownership. 
• The funds will be used for global marketing and distribution, live operations, ongoing updates, and console version development.

Press release:

iBLOXX Studios DMCC, a Dubai-based game development studio, has raised over USD 5 million to finalise development and support the upcoming launch of its third-person shooter, StrayShot.

Headquartered in the DMCC Free Zone, iBLOXX Studios is a member of the DMCC Gaming Centre and participates in the Dubai Program for Gaming 2033 (DPG33). The studio works closely with ecosystem partners, including the Dubai Future Foundation, Xsolla, and the Dubai Culture & Arts Authority, and previously participated in the Dubai Pavilion at Gamescom.

StrayShot is a mobile-first shooter designed to deliver high-quality gameplay while remaining accessible on low-end devices. The game features multiple modes, including Battle Royale, Team Deathmatch, and Extraction. Set in the fictional South American region of Sierra Verde, players take on the role of mercenaries competing against each other and the cartel led by El Fuego.

The title is currently in closed testing and will include blockchain-enabled features to support in-game asset ownership and trading.

The new funding will be used to support global marketing and distribution, live operations, ongoing game updates, and the preparation of console versions.

“The capital allows us to bring StrayShot to market with the level of quality and operational readiness we believe players expect,” said Domenik Maier, CEO of iBLOXX Studios.