Deal Street

2024 African Venture Capital Report

Coming Soon

African Startup Funding Tracker

USD 469,103,999+

*Data updated daily at 18:00 EAT

Lagos Angel Network Invests In Trade Startup Midddleman To Scale Africa-China Commerce
Lagos Angel Network Invests In Trade Startup Midddleman To Scale Africa-China Commerce

Midddleman Technologies Inc., a Nigerian AI-powered trade infrastructure startup, has secured funding from the Lagos Angel Network (LAN) to accelerate its mission of simplifying the Africa–China trade corridor for SMEs.

Founded in 2023 by Adeola Owosho and Omolara Sanni, the company provides a platform that combines AI-assisted product sourcing, verified procurement agents in China, integrated Naira-to-RMB payment rails, and freight logistics services.

Since launching its payments product, Midddleman says it has processed over USD 1.6 M in transaction volume and attracted more than 12,500 registered users.

The new investment will support expansion into Kenya and Ghana, while helping establish an operational presence in Guangzhou, China.