About Ultra Gear
Ultra Gear is a company based in Chaoyang (China) founded in 2015. It operates as a B2C. Ultra Gear has raised $3.33 million across 2 funding rounds from investors including Divine Capital and K2VC. Ultra Gear operates in a competitive market with competitors including Gymshark, Cikers Sports Lab, Lululemon, UMINIFIER and NIKKO Sports, among others.
- Headquarter Chaoyang, China
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Sectors
Consumer
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.33 M (USD)
in 2 rounds
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Latest Funding Round
$2.42 M (USD), Seed
Nov 28, 2017
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Investors
Divine Capital
& 1 more
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Employee Count
Employee Count
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Funding Insights of Ultra Gear
Ultra Gear has successfully raised a total of $3.33M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.42 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.4M
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First Round
First Round
(02 Jun 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Ultra Gear | Valuation |
investors |
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| Jun, 2016 | Amount | Angel Round - Ultra Gear | Valuation | K2VC |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ultra Gear
Ultra Gear has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Divine Capital and K2VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage VC investments in Chinese tech startups are focused on.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ultra Gear
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ultra Gear
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ultra Gear Comparisons
Competitors of Ultra Gear
Ultra Gear operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gymshark, Cikers Sports Lab, Lululemon, UMINIFIER and NIKKO Sports, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sportswear apparel for men and women is offered online.
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| domain | founded_year | HQ Location |
Private label sportswear is manufactured by Cikers Sports Lab.
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| domain | founded_year | HQ Location |
Multi-category fashion apparel and accessories are offered online by Lululemon.
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| domain | founded_year | HQ Location |
Sportswear tops and bottoms are offered by internet-first brand Uminifier.
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| domain | founded_year | HQ Location |
Delivers a direct-to-consumer brand of sportswear apparel for men and women.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ultra Gear
When was Ultra Gear founded?
Ultra Gear was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Ultra Gear located?
Ultra Gear is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.
Is Ultra Gear a funded company?
Ultra Gear is a funded company, having raised a total of $3.33M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $907.9K, raised on Jun 02, 2016.
What does Ultra Gear do?
Ultra Gear operates with a B2C model, focusing on producing consumer products, apparel, sportswear, and equipment. Offers a proprietary brand of sportswear and equipment for active lifestyles. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Ultra Gear?
Ultra Gear's top competitors include Gymshark, Cikers Sports Lab and Lululemon.
Who are Ultra Gear's investors?
Ultra Gear has 2 investors. Key investors include Divine Capital, and K2VC.
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