SA software company Polymorph acquired by Octoco Group

STARTUP VENTURE CAPITALJuly 3, 2024 at 4:34 PM UTC

TLDR

Polymorph, a leading South African software product development consultancy, acquired by Octoco, a rapidly expanding group of technology companies in Stellenbosch.
Octoco, founded in 2020, offers a wide range of engineering services, from software development to hardware engineering and CTO support.
Octoco is actively investing in tech startups like Henlo Coffee, a company under its umbrella, which has introduced its machines in Vida e Caffè.

Polymorph, a South African software product development consultancy, has been acquired by Octoco, a rapidly growing group of technology companies based in Stellenbosch.

Polymorph offers a fully-integrated service that takes a product concept from early-stage research, ideation, and design thinking, through user experience and interface design, to prototyping and full implementation.

Founded in 2020, Octoco provides comprehensive engineering services, including software development, hardware engineering, and CTO support. Octoco is also investing in tech startups, such as Henlo Coffee, a company within its group that recently launched its machines in Vida e Caffè.

Key Takeaways

Over the past 12 years, Polymorph has established itself as a preferred partner for some of South Africa’s best-known brands. It has been added to the Octoco Group of technology companies, making the well-established software product development consultancy a sister company to Octoco Consulting within the larger Octoco Group. Both companies are headquartered in Techno Park, Stellenbosch.

Polymorph

Octoco

South Africa

Acqusition

Software Development

Startups

Exits