iBLOXX Studios Raises $5.4M to Advance StrayShot Development

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

Headquartered in the DMCC Free Zone, the studio is a member of the DMCC Gaming Centre and participates in the Dubai Program for Gaming 2033 (DPG33). iBLOXX 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 one another and against the cartel led by El Fuego.

Currently in closed testing, the title will include blockchain-enabled features supporting in-game asset ownership and trading. The newly secured funding will support global marketing and distribution, live operations, continuous updates, and preparation of console versions.

Domenik Maier, CEO of iBLOXX Studios, said:

“The capital allows us to bring StrayShot to market with the level of quality and operational readiness we believe players expect,”