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§ Private Profile · Newport Beach, CA, USA
Develops fast-acting botulinum neurotoxin compounds for aesthetic and therapeutic applications, focused on rapid onset and shorter duration.
Based in Newport Beach, California, Bonti develops fast-acting botulinum neurotoxin compounds for aesthetic and therapeutic healthcare applications targeting muscle hyperactivity and musculoskeletal pain. The company's proprietary platform focuses on novel neurotoxin serotypes, such as its lead aesthetic program EB-001A, which demonstrated a rapid onset within 24 hours and a two to four-week duration of effect during Phase IIa clinical trials. Prior to its strategic exit, the biotechnology firm raised $38.04 million in total venture funding to advance its medical aesthetics pipeline for targeted consumers and healthcare providers. In September 2018, pharmaceutical giant Allergan, led by Chief Executive Officer Brent Saunders, acquired the business for a $195 million upfront payment along with additional commercial milestone contingencies. Originally operating under the corporate name Endurance Biotech, the enterprise known as Bonti was founded in 2015 by Fauad Hasan.
Bonti has raised $28.0M across 2 funding rounds.
Bonti has raised $28.0M in total across 2 funding rounds.
Bonti has raised $28.0M across 2 funding rounds. Most recently, it raised $16.0M Series C in January 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2018 | $16M Series C | Jonathan LIM | ARCH Venture Partners, SignalFire | Announced |
| Apr 1, 2017 | $12M Series B | Alexey Konov | ARCH Venture Partners, SignalFire, City Hill Ventures, Colt Ventures, Jmcr Partners | Announced |
Bonti is a decentralized Android app store powered by Web3 technology, launched in 2023 and based in Dubai, United Arab Emirates. It enables token-based in-app purchases, developer monetization through blockchain services, and connects game developers, gamers, and the Web3 economy via a transparent, community-driven marketplace.[1] Unlike traditional app stores, Bonti eliminates high commission fees and regional restrictions using smart contracts and blockchain payments, providing developers with new revenue models and gamers with seamless access to digital assets.[1]
The platform targets game developers and gamers in the Web3 space, solving issues like excessive fees (e.g., 30% from centralized stores) and geographic barriers to monetization and distribution. Early funding came from investors like Golnoorsadra.com, indicating initial traction in the blockchain and gaming sectors, though specific growth metrics remain limited.[1]
Bonti was founded in 2023 in Dubai by Mohammadreza Abdollahian, who serves as CEO with 10 years of experience in IT and blockchain, including roles in business development.[1] The idea emerged from the need for a decentralized alternative to centralized app stores like Google Play, leveraging Web3 to empower developers and users in a blockchain-native economy. Early traction includes building a platform with tools for software development, blockchain integration, gaming, Web3, and 3D SDKs, alongside securing seed investment from Golnoorsadra.com.[1]
(Note: A separate, unrelated biotech company named Bonti, founded in 2015 in Newport Beach, CA, developed fast-acting neurotoxins for aesthetics and therapeutics before its 2018 acquisition by Allergan for $195M upfront plus milestones; this is distinct from the Web3 app store.[2][4])
Bonti rides the Web3 decentralization trend, capitalizing on growing demand for blockchain-powered alternatives to Big Tech-dominated app stores amid rising scrutiny over fees, data privacy, and censorship.[1] Timing aligns with Android's openness to sideloading and Web3 gaming booms, where tokenized economies enable play-to-earn models and NFT integrations. Market forces like crypto adoption in the Middle East (Dubai's hub status) and developer frustration with Apple/Google policies favor Bonti, positioning it to influence the app ecosystem by democratizing distribution and monetization for indie devs in gaming and blockchain apps.[1]
Bonti is poised to expand as Web3 app adoption grows, potentially integrating more Android/Web3 tools and scaling via partnerships in gaming/metaverse spaces. Trends like regulatory pushes for open app markets and rising blockchain users will shape its path, evolving its influence from niche player to key enabler in decentralized mobile economies—echoing its core promise of fee-free, borderless innovation for developers and gamers.[1]
Bonti has raised $28.0M in total across 2 funding rounds.
Bonti's investors include Jonathan Lim, ARCH Venture Partners, SignalFire, Alexey Konov, City Hill Ventures, Colt Ventures, JMCR Partners.