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TOPNC

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Specializes in CNC technology, precision transmission technology, and advanced process technology

Minhang District, ChinaFounded 2007eCommerce & Marketplaces
Valuation $500M–1B Last recorded · 2026
Revenue $50–100M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About TOPNC

Shanghai Top Numerical Control Technology Co., Ltd. (TOPNC) is a specialized provider of high-end intelligent manufacturing equipment and process solutions, primarily targeting the aerospace sector. The company was established on May 18, 2007, by a group of experts and PhDs in fields like mechanical manufacturing and automation, including Dr. Wang Yuhan, a former professor at Shanghai Jiao Tong University. The founding team was driven by the goal of localizing critical manufacturing technologies, particularly for advanced five-axis computer numerical control (CNC) machine tools, a market segment where China faced technological blockades.

TOPNC's business model revolves around the design, research and development, production, and sale of its specialized machinery. Its clientele consists of core enterprises within China's aerospace industry, such as AVIC entities (Chengfei, Xifei, Shenfei) and subsidiaries of the China Aerospace Science and Technology Corporation (CASC). The company's products have been integral to major national projects, including the Long March series of rockets and domestic aircraft programs. Revenue is generated from the sale of these high-value equipment systems and providing related services and process solutions.

The company's product portfolio is centered on advanced manufacturing hardware. Key offerings include five-axis linkage CNC machine tools, specialized aerospace assembly equipment, and comprehensive intelligent production lines. A significant achievement is the development of "mirror milling" technology, which addresses the complex challenge of precisely machining large, flexible components like aircraft skins. TOPNC has developed eight core product lines, featuring gantry five-axis machining centers, horizontal five-axis flip milling centers, and robotic drilling equipment. The company has received numerous accolades for its technological advancements, including the National Science and Technology Progress Award. After several attempts, the company is again pursuing an IPO, having filed an application in Hong Kong in May 2025.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2007
Headquarters
Minhang District, China
Employees
2
Open positions
None listed
Dealroom signal
59.2/100
Industry
Engineering and Manufacturing Equipment
Sector
eCommerce & Marketplaces, Machinery, Machinery Manufacturing, Component Supplier, Engineering Solutions, Industrial Technology, Verified Unicorns and $1B Exits, Manufacturing Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Marketplace & ecommerce
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPO✓Exit May 2026 $206M $1.4B UBS · Goldman Sachs · Boyu Capital · CDH Investments ↗
SERIES D✓Equity / VC Jul 2022 $28M $344M Jiufite Management · FC Innovation Fund · Legend Capital · Tide Investment ↗
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

TOPNC website traffic

Latest recorded traffic for TOPNC is 170 monthly website visits, down 96.5% over the last three months.

Latest monthly visits170 3-month web change-96.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

Other known investors11 additional known investors

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China50%
🇩🇪 Germany50%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about TOPNC on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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