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Bonti is a technology company.
Bonti is a clinical-stage biotechnology company focused on the development and commercialization of novel botulinum neurotoxin products. The company's primary innovation revolves around fast-acting, high-purity botulinum neurotoxin Type E (EB-001), designed to offer rapid onset of action and a distinct duration profile compared to currently available neurotoxins. Its technical approach centers on addressing unmet needs in both aesthetic and therapeutic markets through differentiated product characteristics.
The company was founded in 2015 by Fauad Hasan, Mike Jarpe, Susan Abushakra, and Wajdie Ahmad. Dr. Hasan served as CEO, with Dr. Ahmad as Co-founder and Chief Medical Officer. Their collective insight identified a market opportunity for botulinum neurotoxins that could deliver quicker results and specific durations, thereby expanding treatment options for physicians and enhancing patient satisfaction across various applications.
Bonti’s products are intended for physicians and patients within the medical aesthetics and therapeutic sectors. This includes indications such as glabellar lines, as well as conditions involving muscle hyperactivity and spasticity. The company's long-term vision is to establish new standards in neurotoxin-based therapies by providing innovative solutions that offer greater flexibility and improved outcomes for individuals seeking both cosmetic and medical interventions.
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 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.
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 across 2 funding rounds. Most recently, it raised $16.0M Series C in January 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2018 | $16.0M Series C | Jonathan Lim | ARCH Venture Partners, SignalFire |
| Apr 1, 2017 | $12.0M Series B | Alexey Konov | ARCH Venture Partners, SignalFire, City Hill Ventures, Colt Ventures, JMCR Partners |