# Ultrain Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ultrain-technology

- Industry: Software
- Headquarters: Hangzhou, China
- Website: www.ultrain.io
- Total disclosed funding: $20M
- Latest round: Series A (Jul 30, 2018)
- Investors on record: 19

## About

Ultrain Technology Limited is a blockchain infrastructure provider that focuses on enhancing the efficiency and scalability of decentralized applications and supporting digital asset transactions across various industries.Ultrain Technology Limited specializes in blockchain technology solutions, offering robust infrastructure to facilitate secure and efficient digital asset management. Founded in 2017 and headquartered in Hangzhou, China, the firm has successfully completed three funding rounds, with its latest being a Series A round in July 2018, raising USD 20.00 mn from notable investors such as DHVC, FBG Capital, and Arrington XRP Capital. CEO Rui Guo, who leads the company, has a significant background in technology and entrepreneurship.Ultrain Technology Limited provides advanced blockchain infrastructure, enabling seamless integration for decentralized applications and digital asset transactions. Its services include scalable blockchain platforms, smart contract solutions, and comprehensive support for developers, aimed at optimizing performance and user experience for various industries.Ultrain Technology Limited has raised a total of USD 20.00 mn, reflecting its strong market potential. The current company valuation stands at USD 200.00 mn. Revenue generation is primarily attributed to transaction fees and service charges associated with its blockchain solutions, catering to a growing demand for digital asset management.Ultrain Technology Limited plans to expand its product offerings, introducing new features and services designed to enhance blockchain scalability and application performance by mid-2024. The company aims to enter new markets across Southeast Asia and Europe, targeting implementation by the end of 2025. The recent Series A funding will be allocated to research and development, market expansion, and enhancing infrastructure capabilities to support these initiatives.

## Funding rounds

- Series A, Jul 30, 2018, $20M — Ceyuan Ventures, Qualium Investissement, Northern Capital, Evolution Capital, DHVC, Sky 9 Capital, Arrington Capital, 8 Decimal Capital, Bitblock Capital, Bixin Capital, NGC CAPITAL LIMITED, Mix Capital Inc., Spark Digital Capital, FBG Capital, CryptoSA Capital, Chain PE
- Angel, May 21, 2018 — 5Y Capital, Hongtai Aplus, Draper Dragon

## Investors

- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Angel
- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Angel
- Draper Dragon (https://capitalatlas.ai/funds/draper-dragon) — Angel
- Ceyuan Ventures (https://capitalatlas.ai/funds/ceyuan-ventures) — Series A
- Qualium Investissement (https://capitalatlas.ai/funds/qualium-investissement) — Series A
- Northern Capital — Series A
- Evolution Capital — Series A
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series A
- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Series A
- Arrington Capital — Series A
- 8 Decimal Capital (https://capitalatlas.ai/funds/8-decimal-capital) — Series A
- Bitblock Capital — Series A
- Bixin Capital — Series A
- NGC CAPITAL LIMITED — Series A
- Mix Capital Inc. — Series A
- Spark Digital Capital — Series A
- FBG Capital — Series A
- CryptoSA Capital — Series A
- Chain PE — Series A