DUBAI, UAE – iBLOXX Studios DMCC, a prominent game development company operating within Dubai’s DMCC free zone, has successfully secured Dh20 million (approximately $5.4 million) in strategic funding to finalize development and launch operations for its upcoming mobile-first third-person shooter, StrayShot.
The substantial investment will be strategically allocated across multiple critical areas including advanced game development, comprehensive marketing initiatives, multi-platform distribution, and live operations management. Additionally, the funding will support the planned expansion of StrayShot to console platforms following its mobile release.
StrayShot represents a technically innovative approach to mobile gaming, specifically optimized for performance on lower-end devices while maintaining high-quality visuals and gameplay. The game features multiple engaging modes including Battle Royale, Team Deathmatch, and Extraction scenarios, all set within the fictional conflict zone of Sierra Verde. Players assume the roles of mercenaries competing against both rival players and the dangerous El Fuego cartel.
A distinctive aspect of StrayShot’s design incorporates blockchain integration, enabling true ownership and trading of in-game assets through blockchain technology. The game is currently undergoing closed testing phases with select participants.
iBLOXX Studios maintains significant strategic positioning within Dubai’s growing gaming ecosystem. The company operates as part of the DMCC Gaming Centre and actively participates in the Dubai Program for Gaming 2033 (DPG33), a government initiative aimed at establishing Dubai as a global gaming hub. The studio has established partnerships with the Dubai Future Foundation, Xsolla payment solutions, and the Dubai Culture & Arts Authority, previously receiving sponsorship to represent Dubai at Gamescom, the world’s largest gaming event.
Domenik Maier, CEO of iBLOXX Studios, emphasized the significance of the funding: “This capital infusion enables us to bring StrayShot to market with the level of quality and operational readiness that modern players expect and deserve. This investment validates our approach to creating accessible yet technologically advanced gaming experiences.”
The successful funding round demonstrates growing investor confidence in Dubai’s emerging gaming industry and the Middle East’s rapidly expanding mobile gaming market, which represents one of the fastest-growing segments in the global gaming industry.