# Ultrain funding: rounds and investors

> Ultrain has raised $20M across 1 round since 2018. Investors include 5Y Capital, DHVC and Sky9 Capital. Every round with its source.

Source: https://millionrounds.com/company/ultrain (Millionrounds; every figure on the page links to its filing or article)

China · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Ultrain*

One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2018, from 1 source

- **Latest round:** Series A, $20M Jul 2018
- **Investors:** 7

See who backed them

## The rounds

- **Jul 2018** Series A **$20M** [5Y Capital](https://millionrounds.com/fund/5y-capital) [DHVC](https://millionrounds.com/fund/dhvc) [Sky9 Capital](https://millionrounds.com/fund/sky9-capital) [Arrington XRP Capital](https://millionrounds.com/fund/arrington-xrp-capital) [Morningside Ventures](https://millionrounds.com/fund/morningside-ventures) [Draper Dragon](https://millionrounds.com/fund/draper-dragon) [CDC Capital Partners](https://millionrounds.com/fund/cdc-capital-partners) Reported by AVCJ

## Everyone who backed them

[5Y Capital](https://millionrounds.com/fund/5y-capital) VC firm **1** round

[DHVC](https://millionrounds.com/fund/dhvc) VC firm **1** round

[Sky9 Capital](https://millionrounds.com/fund/sky9-capital) VC firm **1** round

[Arrington XRP Capital](https://millionrounds.com/fund/arrington-xrp-capital) VC firm **1** round

[Morningside Ventures](https://millionrounds.com/fund/morningside-ventures) VC firm **1** round

[Draper Dragon](https://millionrounds.com/fund/draper-dragon) VC firm **1** round

[CDC Capital Partners](https://millionrounds.com/fund/cdc-capital-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ultrain).

## Also claim to have backed them

This firm lists Ultrain as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Spark Digital Capital](https://millionrounds.com/fund/spark-digital-capital) Family office Per its own site

## Quick answers about Ultrain

### Who invested in Ultrain?

Ultrain's investors include 5Y Capital, DHVC, Sky9 Capital, Arrington XRP Capital and Morningside Ventures, and 2 more on record.

### How much has Ultrain raised?

Ultrain has raised $20M across 1 round since 2018.

### When did Ultrain last raise?

Ultrain's most recent round was a Series A of $20M in Jul 2018.

### What was Ultrain's biggest round?

Its most recent round, $20M in Jul 2018, is also its largest on record.

### Who backed Ultrain first?

Ultrain's first round on record, in Jul 2018, was backed by 5Y Capital, DHVC and Sky9 Capital and 4 others.

### What stage is Ultrain at?

Ultrain's latest named round is a Series A, in Jul 2018.

### Where is Ultrain based?

Ultrain is based in China.

## Companies like Ultrain

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Peso** Oct 2026](https://millionrounds.com/company/peso)[**EFY Finance** Oct 2026](https://millionrounds.com/company/efy-finance)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)

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