# HiTop

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hitop

- Industry: Industrial Machinery
- Headquarters: Shenzhen, China
- Website: www.hitop-pma.com
- Latest round: Series B (Dec 30, 2024)
- Investors on record: 4

## About

Based in Shenzhen, China, and founded in 2012, HiTop is an industrial automation solution provider that focuses on the pneumatic components, automatic assembly equipment, automation components and modules, etc. It is a National High-Tech Enterprise, and has a provincial engineering technology research center, and has also established an automotive equipment industry product R&D center and a production base. The company has formed an industry-university-research strategic alliance with universities such as the Hong Kong University of Science and Technology, Xi'an Jiaotong University, and Shanghai Engineering University. In December 2024, HiTop closed a series B funding led by new investor Xiaomi Private Equity Fund Management.

HiTop focuses primarily on the development and production of industrial automation components and solutions, and operates brands such as HITOP, Unsvorns, and HiPMC. Its products include robotic end effectors, pneumatic actuators, and electric actuators which can provide solutions such as automotive welding cylinders and directional control elements in automotive assembly lines. The company's clients include Foxconn, Jabil Green Point, BYD, Lens Technology, etc.

The company generates revenue by providing pneumatic components, automatic assembly equipment, automation components and modules and other core basic parts of automation.

## Funding rounds

- Series B, Dec 30, 2024 — Cowin Capital, SPIC Industrial Fund Management, Xiaomi Private Equity Fund Management, Infore Management

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B
- SPIC Industrial Fund Management (https://capitalatlas.ai/funds/spic-industrial-fund-management) — Series B
- Xiaomi Private Equity Fund Management (https://capitalatlas.ai/funds/xiaomi-private-equity-fund-management) — Series B
- Infore Management (https://capitalatlas.ai/funds/infore-management) — Series B