Bware Labs
Acquired10 known investors
Romanian Web3 infrastructure company providing multichain blockchain node APIs and validator services; acquired by Alchemy in 2024.
Also known as Bware · Bware Labs SRL
Founders & leadership
Investors · 10
Also in the syndicate · 8
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Bware Labs is a Romania-based Web3 infrastructure company that builds a multichain, subscription-based API platform connecting blockchain data consumers with nodes supplied by independent providers. Its platform lets developers generate endpoints across multiple blockchains and access them via WebSocket, RPC or HTTP REST protocols, depending on the chain. At the time of its 2022 funding announcement the platform ran on centralized infrastructure operated by Bware Labs and offered free, rate-limited endpoints, with supported chains including Avalanche, BNB Smart Chain, Moonbeam, Moonriver, Astar, Shiden, Fantom, Polkadot, Elrond and Polygon, and Layer 2 networks such as Optimism and Arbitrum under consideration.
The company's principal products are the Blast API, which by 2024 connected developers to 101 networks and 48 chains and averaged more than 3 billion API calls per day, plus validator and bridging services, faucet connections, governance proposals and App Chains, an application-specific blockchain offering with enterprise validators, dedicated RPC endpoints and indexing. Bware Labs operated more than 44 validators and served over 100 enterprise customers, among them CoinGecko, Fantom and Connext. In 2023 it launched the $INFRA token tied to its decentralized infrastructure protocol.
On 29 August 2024, Web3 development platform Alchemy announced it had acquired Bware Labs for an undisclosed amount. Alchemy described it as its largest acquisition to date, said it increased headcount by about 25%, and stated that the Blast API and validator businesses would keep operating and be integrated into Alchemy's product suite. The $INFRA protocol and token were excluded from the transaction.
Founding story
The company was founded in Romania in 2021. Source [2] names the founders as Flavian Manea, Alexandru Minulescu, Matei Popp and Radu Enoiu, with Flavian Manea serving as CEO.
Business model
Subscription-based access to blockchain API endpoints, sold to developers and enterprises, alongside validator and node infrastructure services. The planned decentralized model shares platform subscription revenue with third-party node providers according to a performance score, with additional rewards available for staking BWR tokens and for accepting delegations from other token holders.
Recurring subscription plans for API access with tiered rate limits and endpoint counts, with payments intended to be made in stablecoins; free tier endpoints are rate-limited and restricted to one endpoint per blockchain.
Traction
By the time of the 2024 acquisition, the Blast API averaged more than 3 billion API calls per day, the company supported over thirty blockchain networks (101 networks and 48 chains via Blast API), operated more than 44 validators, employed over 45 people and served more than 100 enterprise customers.
Latest developments
Alchemy announced the acquisition of Bware Labs on 29 August 2024. The Bware team of over 40 developers and engineers was integrated across Alchemy's product teams, the Blast API and validator businesses continued operating pending integration into Alchemy's product suite, and Alchemy stated it would not take over the $INFRA protocol or token.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positioned as a decentralized alternative to centralized node providers such as Infura, competing in Web3 RPC and API infrastructure. Prior to its acquisition it supported over thirty blockchain networks and more than 100 enterprise customers, and was described by its acquirer as one of the fastest growing and highest quality providers of blockchain infrastructure and API services.
Rather than relying solely on infrastructure it operates itself, Bware Labs designed a model in which independent node providers are compensated from platform revenue and via token staking and delegation, while an integrity protocol enforces performance, reliability and data-integrity standards intended to match or exceed centralized providers. Geographic distribution of nodes is used to support data stream quality.
Technology
A multichain API platform delivering requests to integrated networks via WebSocket, RPC and HTTP REST interfaces, with endpoint generation across many chains. Bware Labs developed a proprietary integrity protocol to monitor and enforce reliability, performance and data-integrity requirements on third-party nodes, with underperforming nodes jailed and their rewards halted until remedied. The Blast API product is designed for scalability and resilience, and the company also offers App Chains, allowing developers to configure economics, governance and consensus for application-specific blockchains.
Go-to-market
Free rate-limited endpoints for developers as an on-ramp, converting to paid subscription plans with higher rate limits and more endpoints, complemented by strategic partnerships with blockchain networks including Avalanche, Polygon and Astar and by enterprise validator and infrastructure services.
Developers, Web3 projects and enterprises building on blockchain networks that need reliable node access and API infrastructure, plus independent node operators seeking to monetize their nodes. Named customers include CoinGecko, Fantom and Connext.
Geography
Headquartered in Bucharest, Romania, with an engineering team based there; the Romanian presence gave its acquirer a European base and continued investment was pledged after the acquisition.
History
Founded in Romania in 2021, Bware Labs raised a $900,000 seed round led by Ascensive Assets and, in February 2022, announced a $6 million follow-up round that brought total funding to $7 million. It expanded chain coverage and launched the Blast API and validator businesses, introduced the $INFRA token in 2023, and was acquired by Alchemy on 29 August 2024 for an undisclosed sum, after which it stepped away from its role as core contributor to the $INFRA technology.
Risks & controversies
The platform initially operated on centralized infrastructure maintained by Bware Labs, with decentralization to third-party node providers a future milestone. Following the acquisition, the $INFRA protocol and token were left outside the transaction and Bware Labs stepped away as a core contributor to that technology.
Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsWeb3 development platform Alchemy announced the acquisition of Bware Labs for an undisclosed amount. Alchemy said it was its largest acquisition to date, increasing its headcount by roughly 25%, and that the Blast API and blockchain validator businesses would continue operating and be integrated into Alchemy's product suite. Alchemy did not take over the $INFRA protocol or token.
Bware Labs launched the $INFRA token in 2023; the protocol and token were excluded from the later Alchemy acquisition.
Bware Labs announced a $6 million follow-up funding round to expand its blockchain API infrastructure platform, bringing total funds raised to $7 million.
$6M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 4
primary sources listed
- Bware Labs Raises $6M in Series A Funding Round to Boost Blockchain API Infrastructureaccessnewswire.com · web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Bware Labs do?
- Romanian Web3 infrastructure company providing multichain blockchain node APIs and validator services; acquired by Alchemy in 2024.
- Who founded Bware Labs?
- Bware Labs was founded by Flavian Manea, Alexandru Catalin Filip.
- Who are Bware Labs's investors?
- Bware Labs's investors include Ascensive Assets, Woodstock Fund.