Lagos Angel Network (LAN) has announced a new investment in Midddleman Technologies Inc., a startup using artificial intelligence to simplify trade between Africa and China.
The investment reflects growing confidence in technology platforms that help African businesses participate more easily in international trade. While the financial details of the deal were not disclosed, LAN said its support will include funding, mentorship, strategic guidance, and access to its network of investors and industry experts.
Midddleman was founded by Adeola Owosho and Omolara Sanni. The company is building what it describes as an operating system for Africa-China trade, helping small and medium-sized businesses source products, make payments, and manage shipping more efficiently.
The platform combines several services into one system. These include an AI-powered sourcing assistant, a network of verified procurement agents based in China, integrated payment channels that support Naira-to-RMB transactions, and partnerships with freight companies to handle shipping and logistics.
Since launching its payment service in May 2024, Midddleman says it has processed more than $1.6 million in transactions and attracted over 12,500 registered users. The company was also recognised as a 2025 Top AI Startup by Google for Startups.
The startup is now preparing for further expansion across Africa, with plans to enter Ghana and Kenya. It is also working toward establishing an operational presence in Guangzhou, one of China’s major commercial centres.
According to Solomon King, the investment was driven by confidence in both the market opportunity and the leadership team behind the company.
King said Africa-China trade is expected to continue growing over the coming years and noted that Midddleman stood out because of its founders’ industry knowledge, long-term vision, and strong execution throughout the investment process.
LAN said its partnership with the company will help accelerate development of Midddleman’s AI sourcing and procurement platform, strengthen its network of procurement agents in China, support the planned Guangzhou office launch, and drive expansion into new African markets.
Co-founder Adeola Owosho welcomed the investment, saying the value of the partnership extends beyond funding. He noted that LAN’s support provides access to experienced operators and investors who understand the challenges of building trade infrastructure businesses in African markets.
The investment highlights growing interest in startups developing technology solutions that improve cross-border trade, financial transactions, and supply chain management between Africa and global markets.
