Bware Labs Closes $1.2 Million Strategic Private Placement

Bware Labs (BWR) solves the decentralized API management problem by connecting end users and node providers through API tools, U.Today reports. It has just closed a strategic private funding round, raising $1.2 million in capital. The funding round was led by Ascensive Assets, a venture capital fund focused on early-stage cryptocurrency-oriented startups. Waterdrip Capital, Vendetta Capital, blockchain project Avalanche Foundation (AVAX) and ANKR.