About Manufacturing Services sector in Lagos, Nigeria
The Manufacturing Services sector in Lagos, Nigeria comprises 31 companies, including 4 funded companies having collectively raised $20M in venture capital money and private equity. Out of these, 2 are Series A+ funded.
Manufacturing Services sector in Lagos, Nigeria has seen 1 acquisition.
This sector includes contract engineering platforms, outsourced computer numerical control (CNC) machining portals, and on-demand rapid prototyping networks serving industrial original equipment manufacturers (OEMs).
Manufacturing Services sector is also known as Contract Manufacturing Services, On-Demand Machining Networks or Outsourced Prototyping.
Includes cloud-connected manufacturing networks, sheet metal prototyping on-demand portals, turnkey electronics manufacturing service (EMS) hubs, and industrial 3D printing bureaus. Excludes companies manufacturing their own proprietary branded consumer electronics, generic artisan handicraft hobby shops, independent industrial real estate brokerages, and pure design consulting firms.
Top Manufacturing Services Companies in Lagos, Nigeria
There are 31 Manufacturing Services startups in Lagos, Nigeria which include Bisedge, Oleams, BOC Gases Nigeria, PPC, Tecon Oil Serv. Out of these, 4 startups are funded, with 2 having secured Series A+ funding.
Here is the list of top Manufacturing Services startups in Lagos, Nigeria
1. Bisedge
Key facts about Bisedge
- Founded Year: 2017
- Location: Lagos (Nigeria)
- Stage: Late Stage
- Total Funding till date: $20M
- Investors: Metier and Sunray Ventures
- Latest Funding Round: PE, May 12, 2026, $*****
- Tracxn Score: 42/100 What is this?
2. Oleams
Key facts about Oleams
- Founded Year: 2011
- Location: Lagos (Nigeria)
- Stage: Unfunded
- Tracxn Score: 27/100 What is this?
- Competitors Rank: 10 of 70 Competitors
Key facts about BOC Gases Nigeria
- Founded Year: 1979
- Location: Lagos (Nigeria)
- Stage: Acquired
- Tracxn Score: 27/100 What is this?
4. PPC
Provider of turnkey engineering solutions for infrastructure development. This company offers services across multiple sectors, including telecommunications, healthcare, energy, and building services. Its services encompass the entire project lifecycle, from initial engineering and design to construction, installation, commissioning, and maintenance. The company integrates complex systems and leverages a skilled workforce and global technical partnerships. It adheres to international quality standards.
Key facts about PPC
- Founded Year: 1991
- Location: Lagos (Nigeria)
- Stage: Unfunded
- Tracxn Score: 23/100 What is this?
- Competitors Rank: 878 of 5,017 Competitors
Key facts about Tecon Oil Serv
- Founded Year: 2008
- Location: Lagos (Nigeria)
- Stage: Funding Raised
- Tracxn Score: 23/100 What is this?
Companies founded year-on-year in the Manufacturing Services sector in Lagos
3 Manufacturing Services startups in Lagos were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | - |
2020 | 1 |
2019 | 2 |
2018 | 3 |
2017 | 1 |
Stage-wise distribution of Manufacturing Services sector companies in Lagos
Out of the total 31 Manufacturing Services companies in Lagos, 4 have secured funding. Among them, 2 have reached Series A or higher, and 2 to Series B or beyond.
Founded - 31
Funded - 4
Series A+ - 2
Series B+ - 2
Series C+ - 2
Company Stage | No. of companies |
|---|---|
Founded | 31 |
Funded | 4 |
Series A+ | 2 |
Series B+ | 2 |
Series C+ | 2 |
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Funding Trends in the Manufacturing Services sector in Lagos
Recent Funding Rounds in Manufacturing Services in Lagos
In the year 2026, till May 2026, Manufacturing Services companies in Lagos have raised $20M in equity funding across 1 round.
See a more detailed list of funding roundsHere are some recent, important funding rounds in Manufacturing Services companies in Lagos:
Top Investors in Manufacturing Services in Lagos
The Carlyle Group is the top investor in Manufacturing Services companies in Lagos based on number of companies invested.
Here are some top investors in Manufacturing Services companies in Lagos:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | - | |
London (United Kingdom) | - | |
Lagos (Nigeria) | ||
New York City (United States) | - | |
London (United Kingdom) | - |
M&A activity in Manufacturing Services sector in Lagos
In the year 2021, till August 2021, 1 acquisition happened in Manufacturing Services sector in Lagos.
Here are some recent, important acquisitions in Manufacturing Services sector in Lagos:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 18, 2021 | - |
Acquisition trends in Manufacturing Services sector in Lagos
Here are the acquisition trends in Manufacturing Services sector in Lagos:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
