TOPI Imaging Technology Valuation, Funding & Investors

TOPI Imaging Technology is valued at $344M as of December 2022.

Last TOPI Imaging Technology valuation

$344M

Series C · Dec 2022

Last TOPI Imaging Technology funding round

Undisclosed stage

Amount undisclosed · Mar 2026

Cumulative funding TOPI Imaging Technology raised

$194M

across 6 funding rounds

Key investors in TOPI Imaging Technology

  • Matrix Partners China
  • Tsinghua Innovation Ventures
  • Sinoking Capital
  • Tao Capital
  • Beijing Robot Industry Fund
  • Qiming Venture Partners

TOPI Imaging Technology Overview

About TOPI Imaging Technology

TOPI Imaging Technology is a Taiwan-based medical device manufacturer producing optical coherence tomography systems for retinal diagnostics and swept-source optical biometers for intraocular lens calculations. The company's OCT devices image macular degeneration and glaucoma while biometers measure axial length pre-surgery. TOPI supplies systems to ophthalmology clinics in Asia and exports to Europe under ISO 13485 certification.


Founded

2017

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$344M (Dec 2022)

TOPI Imaging Technology Valuation

TOPI Imaging Technology is currently valued at $344M, based on its Series C in December 2022.

The $43M round was led by Sun Rock Capital, with participation from Kunlun Capital and Tao Capital.

TOPI Imaging Technology valuation by funding round

TOPI Imaging Technology valuation by funding round
DateStageValuation
Dec 2022Series C$344M

TOPI Imaging Technology Funding History

TOPI Imaging Technology has raised a total of $194M across 6 funding rounds.

TOPI Imaging Technology's first fundraising round was a $23M Series A in January 2021. The most recent completed round was a undisclosed-stage round in March 2026.

TOPI Imaging Technology funding rounds

TOPI Imaging Technology funding rounds
DateStageInvestorsRaisedValuation
Mar 2026Undisclosed stageChengdu Science and Technology Venture Capital (lead); Matrix Partners China; Beijing Changping Science and Technology Park Development Group; Sichuan Science and Technology Innovation Investment Group; Qingshi Asset Management Group; Sinoking Capital; Beijing Robot Industry Fund; Tao Capital; Haoyue Capital; Shunxi Fund; Beijing Medical and Health Industry Investment Fund--
Mar 2025Series EQiming Venture Partners; Beijing Robot Industry Fund; Legend Capital$69M-
Jun 2024Series DMatrix Partners China (lead); ShenZhen GTJA Investment Group$28M-
Dec 2022Series CSun Rock Capital (lead); Kunlun Capital; Tao Capital$43M$344M
Dec 2021Series BEyebright Medical Tech (lead); Tsing Ventures; ZGC Group; Winfast Holding; Chang Development; Tsinghua Innovation Ventures; Fosun International; V Fund Management$31M-
Jan 2021Series ASinoking Capital (lead); THG Ventures; TusStar; Tsinghua Innovation Ventures; Zhongguancun Development Frontier Enterprise Investment Fund$23M-

Who has invested in TOPI Imaging Technology?

27 investors have backed TOPI Imaging Technology across its funding rounds, including Matrix Partners China, Tsinghua Innovation Ventures, Sinoking Capital, Tao Capital, Beijing Robot Industry Fund and Qiming Venture Partners.

Lead investors include Chengdu Science and Technology Venture Capital, Matrix Partners China, Sun Rock Capital, Eyebright Medical Tech and Sinoking Capital.


TOPI Imaging Technology Investors

Investors in TOPI Imaging Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Matrix Partners ChinaChinaBeijing2LeadJun 2024
Tsinghua Innovation VenturesChinaBeijing2ParticipantJan 2021
Sinoking CapitalChinaBeijing2LeadJan 2021
Beijing Robot Industry FundChinaBeijing2ParticipantMar 2025
Tao CapitalChinaBeijing2ParticipantDec 2022
ShenZhen GTJA Investment GroupChinaShenzhen1ParticipantJun 2024
Beijing Changping Science and Technology Park Development GroupChinaBeijing1ParticipantMar 2026
Sichuan Science and Technology Innovation Investment GroupChinaChina1ParticipantMar 2026
Kunlun CapitalSingaporeSingapore1ParticipantDec 2022
Tsing VenturesChinaBeijing1ParticipantDec 2021
THG VenturesChinaChina1ParticipantJan 2021
ZGC GroupChinaBeijing1ParticipantDec 2021
Winfast HoldingChinaChina1ParticipantDec 2021

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TOPI Imaging Technology Competitors

TOPI Imaging Technology competitors include listed companies like NIOX Group and Atrys Health, and private ones like Svision, Omniscient Neurotechnology, SiBionics and InnerMedical.

Public and private companies comparable to TOPI Imaging Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SvisionChinaLuoyangPrivate--$348M-
Omniscient NeurotechnologyAustraliaSydneyPrivate--$284M-
SiBionicsChinaChinaPrivate--$717M-
InnerMedicalChinaShenzhenPrivate--$363M-
NIOX GroupUnited KingdomUnited KingdomPublicly listed$65M$20M$373M5.2x
Atrys HealthSpainSpainPublicly listed$162M($12M)$245M2.1x

TOPI Imaging Technology Public Comps

TOPI Imaging Technology is still privately-owned, but its public comps include Orchestra BioMed, AVITA Medical, VieMed, Advanced Technology Company, Stratec, Orthofix Medical, Coltene, Vicenne, IVF hartmann and Universal Vision.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Orchestra BioMed$33M($51M)8.5x28.8x(5.5x)(3.5x)
AVITA Medical$72M($41M)5.4x4.7x(9.3x)(14.7x)
VieMed$270M$52M1.3x1.1x6.7x5.4x
Advanced Technology Company$521M$5M1.8x-169.7x-
Stratec$289M$39M1.6x1.5x11.8x9.9x
Orthofix Medical$822M$4M0.6x0.6x121.4x5.2x
Coltene$292M$32M1.3x1.3x11.8x10.9x
Vicenne$114M$26M2.6x2.5x11.2x-

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Common questions about TOPI Imaging Technology

When was TOPI Imaging Technology founded?TOPI Imaging Technology was founded in 2017.
Where is TOPI Imaging Technology headquartered?TOPI Imaging Technology is headquartered in Beijing, China.
Is TOPI Imaging Technology publicly listed?No, TOPI Imaging Technology is a private, VC-backed company.
What is TOPI Imaging Technology's valuation?TOPI Imaging Technology was last valued at $344M in its Series C in December 2022.
How much funding has TOPI Imaging Technology raised?TOPI Imaging Technology has raised $194M across 6 funding rounds.
What was TOPI Imaging Technology's last funding round?TOPI Imaging Technology's last funding round was a undisclosed-stage round in March 2026, led by Chengdu Science and Technology Venture Capital.
Who are TOPI Imaging Technology's investors?TOPI Imaging Technology's investors include Matrix Partners China, Tsinghua Innovation Ventures, Sinoking Capital, Beijing Robot Industry Fund, Tao Capital, ShenZhen GTJA Investment Group, Beijing Changping Science and Technology Park Development Group, Sichuan Science and Technology Innovation Investment Group, Kunlun Capital, Tsing Ventures and 17 others.
Which companies are comparable to TOPI Imaging Technology?Companies comparable to TOPI Imaging Technology include Svision, Omniscient Neurotechnology, SiBionics, InnerMedical, NIOX Group and Atrys Health.

See companies similar to TOPI Imaging Technology

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