Transaction

Octoco Group invests in HisWay Labs' operations in South Africa

Announced

23 September 2026

Target

HisWay Labs (Pty) Ltd

Value

Undisclosed

Asset class

Venture Capital

Type

Investment

Instrument

Ordinary Shares (Equity)

Lead investors

Octoco Group

Investors

Octoco Group

Sector

Manufacturing and industrials / Railway, Electronic Equipment

Markets

South Africa

About the target

HisWay Labs (Pty) Ltd is a South African engineering company headquartered in the Western Cape and specialising in intelligent railway sensing and infrastructure-monitoring technology. Founded in 2018, the company developed TrackView, a patented, self-contained, solar-powered Internet of Things monitoring system that uses railway tracks as the sensing medium to detect broken rails and monitor train position in real time. The system is designed to operate without extensive trackside cabling or external power infrastructure and can also monitor train speed, end-of-train integrity, rail temperature and abnormal rail impacts. HisWay Labs provides rail-monitoring hardware, software, and data services designed to reduce derailment risk, improve rail availability, and support safer, more efficient railway operations.