Press Release: July 06, 2020
ONDO Smart Farming Solutions - an agritech startup providing sustainable agriculture solutions, including automated drip irrigation management and control, precise plant nutrition and climate control for various crops - has been awarded the Business Debut of Year 2020 award at the Bulgarian b2b Media Annual Awards. This recognition comes only 7 months after the launch of the company and 4 months after the company behind ONDO - IndigoVerge - received an investment from Eleven Ventures aimed at supporting ONDO development.
B2b media awards is a contest awarding the most innovative, creative and socially responsible companies in Bulgaria, in 30 different categories. In this 6th edition of the contest the jury evaluated the competing companies based on extra, COVID-19-related criteria such as innovation in crisis circumstances, originality of ideas and approaches to overcoming difficulties, innovation in product/service positioning, as well as innovation in communications.
ONDO got the first place award in the category ‘Business Debut of Year 2020’ thanks to its ability to survive and expand during crisis times critical for numerous businesses worldwide. The company managed to preserve and even speed up its software development and business growth, onboarding its first customers from Bulgaria and North Macedonia and opening up its first international brunch in Durban, South Africa.
“This is our first reward, our company is only 7 months old and this is what makes the award extremely special." said Ilia Iordanov, one of ONDO’s founders. "Thanks to ONDO and IndigoVerge teams for their creativity and inspiration. Thanks also to Eleven Ventures, for their trust and investment in ONDO. Receiving support is important, but receiving it at just the right moment is what makes a great partnership. Big thanks also to all those farmers who recognize the value that ONDO sustainable agriculture solutions offer and understand that farming automation nowadays is required rather than being a whim or luxury.”
After opening up its South African branch, ONDO is working towards onboarding its first customers from the region.
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ONDO (ondo.io) offers an innovative, digitally-controlled precision agriculture system for automated drip irrigation management and control, precise plant nutrition and climate control for various crops. ONDO can be used in greenhouses, orchards, vineyards or on the open fields.