This Alatreon figure is released by Capcom in their Figure Builder x Monster Hunter mini figure series.

Capcom Figure Builder is a series of collectible figures based on Capcom's various media franchises, such as Monster Hunters, Resident Evil, Sengoku Basara, etc. The sizes of the figures in the series vary greatly, ranging from small scale micro-size figures from the Light Model line (~30 to ~40mm) to the deluxe-size Creator's Model line (~180mm or up). Some of the releases are blind box figures that the buyers would not know which character is inside the box.

Alatreon (アルバトリオン; 煌黒龍) is an Elder Dragon introduced in Monster Hunter 3. Alatreon is elementally unstable, possessing control over the Dragon, Fire, Ice, Thunder and Water elements. When transitioning into Flight Mode, Alatreon will fly high into the air and can rain down ice crystals. Some ice crystals fall on random spots while others may target certain players. Alatreon will only use the Water elements while in the air. It is said that it has the abilities of all the True Elder Dragons (Kushala Daora, Chameleos, Lunastra, Teostra, Vaal Hazak, Velkhana and Namielle), although, since it is elementally unstable, it is unable to truly harness that power.