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Topene Technology (Quzhou) Co

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Engaged in the R&D and production of advanced, green, smart, high-end polymer new materials

ChinaFounded 2020Chemicals
Valuation $100–250M Last recorded · 2023
Total funding $100–500M Disclosed equity funding
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About Topene Technology (Quzhou) Co

Topene Technology (Quzhou) Co., Ltd., founded in 2020, operates as a specialized manufacturer of advanced polymer materials in China. The company focuses on the research, development, and production of high-performance polymers, positioning itself to address technology gaps in the domestic market. Since its inception, Topene Technology has developed production technologies with independent intellectual property rights, aiming to break the international monopoly in the optics-grade polymer field. The company has received recognition from the Chinese government as a "Shinning Niche" enterprise, a designation for companies with strong economic benefits and specialized, high-level operations.

Topene Technology's business model centers on producing and supplying specialized polymers to high-value-added sectors. Its clientele operates in industries such as ultra-precision optics, smart terminal devices, life sciences, automotive, packaging, integrated circuits, and aerospace. The company generates revenue through the sale of its proprietary polymer products. It has successfully raised significant capital, including securing RMB 1 billion in July 2023 to finance the construction of a second-phase production facility. Investors include firms like FG Venture, RayStone Capital, Highlight Capital, and Boyuan Capital.

The firm offers a portfolio of four main product lines. Its flagship product is TAMT® SOOC®, a Special Cycloolefin Copolymer, which is a high-purity amorphous resin with notable optical properties, thermal stability, and chemical resistance. This material is used in optical lenses, biomedical packaging, and vehicle-mounted equipment. Other key products include TOPC®, a high-performance optical polycarbonate for items like mobile phone and AR/VR lenses; TOPM®, an optical-grade polymethacrylate (acrylic) for automotive and lighting applications; and HPMP®, a lightweight methylpentene-based polymer used in various consumer and industrial materials. Topene Technology also develops specialized materials like TXSiP®, a silicone rubber thermoplastic elastomer for consumer goods, and materials with integrated light-filtering functions for optical imaging.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
China
Open positions
None listed
Dealroom signal
21.3/100
Industry
Chemicals, Engineering and Manufacturing Equipment
Sector
Chemicals, Polymers, Advanced Materials, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Mar 2025
Capital deployed
$2.8M
Preferred round
SEED
Links
Website

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Nov 2023 $1.9M $107M RayStone Capital · Houxue Capital · Tongge Venture Capital · CDG Capital ↗
SERIES BOther financing Jul 2023 $139M $556M FG Venture · RayStone Capital · Jiangsu Libert · KinGray Capital ↗
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Growth signals

Topene Technology (Quzhou) Co website traffic

Latest recorded traffic for Topene Technology (Quzhou) Co is 140 monthly website visits, up 27.3% over the last three months.

Latest monthly visits140 3-month web change+27.3%
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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.

Seed6 investors entered at this stage

  • Ofound Angel
  • BioTrack Capital
  • Honghui Fund
  • Highlight Capital
  • Liberty Mutual Insurance
  • Boyuan Capital

Series A9 investors entered at this stage

  • FG Venture
  • RayStone Capital
  • Jiangsu Libert
  • KinGray Capital
  • Zhejiang Zhongkong Technology
  • Shangrong Capital Management
  • Houxue Capital
  • Tongge Venture Capital
  • CDG Capital
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Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Topene Technology (Quzhou) Co on X, ranked by likes and reposts, corporate channels excluded.

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

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