TOPNC
About TOPNC
TOPNC is a Advanced Manufacturing startup based in Minhang District, Shanghai, China that has raised $151M in venture capital across 2 funding rounds since 2007. The company reached Pre-IPO stage in July 2022 with a null round led by Legend Capital. TOPNC's investor base includes 5 institutional funds, with Legend Capital leading the most recent equity round.
Shanghai Top Numerical Control Technology Co., Ltd. (TOPNC) is a leading Chinese manufacturer of high-precision five-axis CNC machine tools, founded in 2007 and headquartered in Minhang District, Shanghai. The company holds the number-one market share position in five-axis CNC tools for China's aerospace sector, supplying equipment used in launch vehicles and the C919 and C909 passenger jets. TOPNC developed the world's first five-meter vertical dual five-axis mirror milling machine and China's first horizontal dual five-axis mirror milling machine. With over 437 employees and an R&D team of more than 130 people (35.8% of the workforce), the company invested RMB 320 million in R&D between 2022 and mid-2025. TOPNC has completed multiple institutional funding rounds, including a Series D led by Legend Capital in July 2022, and in April 2026 cleared a key filing step toward a planned Hong Kong Stock Exchange listing.
TOPNC Funding Rounds Timeline
2 rounds · $151M raised · since 2007
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series D | July 2022 | Undisclosed | — | Legend Capital | Jiufeite Management, Shanghai Tide Investment, FC Innovation Fund |
| Series C | 2021 | $74M | — | — | CDH Investments |
Investors in TOPNC
5 institutional investors across 2 rounds
Lead investors
Co-investors
Recent news about TOPNC
1 signals tracked
- FundingTOPNC Hong Kong IPO Advances Amidst Aerospace Tooling StrengthApril 22, 2026
Questions about TOPNC
How much has TOPNC raised?
TOPNC has raised $151M across 2 funding rounds since 2007.
Who are the investors of TOPNC?
TOPNC's investors include Legend Capital, CDH Investments, Jiufeite Management, Shanghai Tide Investment, FC Innovation Fund.
When was TOPNC's last funding round?
TOPNC's most recent round was a null Series D in July 2022, led by Legend Capital.
Where is TOPNC headquartered?
TOPNC is headquartered in Minhang District, Shanghai, China, and was founded in 2007.