iBLOXX Studios Raises $5.4M Ahead of StrayShot Game Launch

iBLOXX Studios Raises $5.4M Ahead of StrayShot Game Launch

07 February 2026•

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Domenik Maier, iBLOXX CEO

iBLOXX Studios DMCC, a Dubai-based game development studio, has raised USD 5.4 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.

Source: International Business Times

Author

Lucy, the cute female unicorn of Lucidity Insights, waving and standing in front of a purple background.

Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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