Dubai-based Web3 gaming studio iBLOXX Studios has successfully raised over $5 million in a recent funding round from unnamed investors. The company plans to use the capital to finalize the development of its flagship title, StrayShot, and support its upcoming global launch.
Founded in 2021 by Domenik Maier, iBLOXX develops blockchain-enabled multiplayer games designed for a mass audience. The new funds are earmarked for a global marketing and distribution push, supporting live game operations, financing ongoing updates, and preparing console versions of its game.
Fueling Global Launch and Development
The capital injection is set to provide iBLOXX with the necessary resources to bring its third-person shooter to a worldwide market with the polish and support that modern players expect. StrayShot is currently in a closed testing phase.
“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.
Building on Dubai’s Gaming Ecosystem
Headquartered in the DMCC Free Zone, iBLOXX Studios is an active member of the DMCC Gaming Centre and a participant in the Dubai Program for Gaming 2033 (DPG33). The studio actively collaborates with key ecosystem partners, including the Dubai Future Foundation, the Dubai Culture & Arts Authority, and global game publishing solutions provider Xsolla.
The company’s deep integration into the local tech and gaming scene highlights Dubai’s growing ambition to become a central hub for the global gaming industry.
Inside StrayShot
StrayShot is a mobile-first shooter designed to deliver high-quality gameplay that remains accessible on low-end devices. Set in the fictional South American region of Sierra Verde, the game allows players to assume the roles of mercenaries competing against each other and a cartel led by the antagonist, El Fuego.
The game will feature multiple modes, including Battle Royale, Team Deathmatch, and an Extraction mode. A core feature of StrayShot is its integration of blockchain technology, which will support in-game asset ownership and allow players to trade virtual assets.
About iBLOXX Studios
Founded in 2021 by Domenik Maier, iBLOXX Studios is a game development studio based in Dubai, UAE. The company specializes in creating blockchain-enabled multiplayer games, with its flagship title being the mobile third-person shooter, StrayShot. The studio is a member of the DMCC Gaming Centre and part of the Dubai Program for Gaming 2033.
Source: Wamda
