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Kiva AI Closes $7M Seed Round Led by CoinFund to Revolutionize Expert-Powered Data Solutions

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Empowering AI builders with a scalable, human expert-driven platform for complex data workflows

SAN FRANCISCO, Oct. 8, 2024 /PRNewswire/ — Kiva AI, a platform designed to deliver high quality and compliant data solutions at scale for the development of specialized AI applications in industries such as healthcare, finance, and law, has announced the close of a $7M seed round led by CoinFund. Additional investors include Protagonist, Hashkey, Peer VC, and notable entrepreneurs such as Bill Tai, Slava Rubin, Cyrus Massoumi, Brian Norgord, and Jack Herrick. This investment will support Kiva AI’s expansion of its global network of human experts and the continued development of advanced solutions for data annotation, preprocessing, and integration.

A New Era of Data Ripe for Discovery

As AI development increasingly pushes into complex, regulated fields, the need for high-quality, reliable data has already outpaced a sparse supply. Kiva AI’s platform integrates human expertise and advanced AI technologies to ensure that data labeling, preprocessing, and governance are handled with precision and efficiency. By simplifying complex data creation and management processes, Kiva AI empowers organizations to focus on innovation while ensuring that their AI models are supported by accurate and compliant data.

Practical Use Cases in AI

Kiva AI enhances AI performance by leveraging a global network of experts to label data sets within their domain-specific expertise. This is particularly critical in applications requiring specialized knowledge, such as medical diagnostics or legal document analysis. For instance, a rural health clinic developing an AI model to triage patient scans can rely on Kiva AI’s experts to accurately label cases, ensuring their model supports prioritizing the most urgent patients first. Similarly, a developer building a legal assistant to digest large volumes of court briefings and legislation by state will benefit from Kiva AI’s network, which matches the project with domain-specific experts who can guarantee high-quality, timely data labeling for optimizing model performance.

“Kiva AI is more than a data management platform — it’s about providing AI builders with the critical support they need to unlock new possibilities in their models,” said Ahmed Rashad, Founder & CEO of Kiva AI. “Our platform brings together global experts to manage and optimize data workflows, ensuring accuracy and compliance in even the most complex applications.”

Strategic Investment to Drive AI Innovation

“The improving, accelerating efficacy and usability of AI is undeniable, but we are still far from unlocking the technology’s potential at the frontiers of mathematics, physics, medicine and more,” said Evan Feng, Partner, CoinFund. “As the more easily-accessible sources of data for AI training and inference dry up, we believe that platforms like Kiva AI will become increasingly valuable to a growing list of businesses that are looking to compete effectively at the cutting edge.”

With this investment, Kiva AI will expand its global network of human experts and continue developing its platform to meet the growing demand for specialized data solutions in AI. Kiva AI is hiring engineers who are passionate about the intersection of AI and human life. To apply to work at Kiva AI, visit the Careers page.

About Kiva AI

Kiva AI is the comprehensive platform designed for high-quality, human-in-the-loop solutions for data collection, preprocessing, labeling, storage, and integration. By combining human expertise with the latest AI technologies, Kiva AI delivers scalable, reliable, and transparent data solutions that facilitate the development of the world’s most ambitious and specialized AI applications. For more information, visit www.kivaai.com, or follow us on LinkedIn and X.

About CoinFund

CoinFund is one of the world’s first cryptonative investment firms and a registered investment adviser founded in 2015. The firm champions the leaders of the new internet, powered by foresight as active investors to achieve extraordinary outcomes. CoinFund invests in seed, venture, and liquid opportunities within the blockchain sector with a focus on digital assets, decentralization technologies, and key enabling infrastructure. For more information, join us at www.coinfund.io, LinkedIn, X or keep the conversation going on our podcast.

View original content:https://www.prnewswire.com/news-releases/kiva-ai-closes-7m-seed-round-led-by-coinfund-to-revolutionize-expert-powered-data-solutions-302270128.html

SOURCE Kiva AI

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HMI Unveils a High-Performance USB 2.0 D+/D- Protector for Mobile Devices

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CAMPBELL, Calif., Oct. 8, 2024 /PRNewswire/ — HMI, a leading provider of advanced analog and power management technologies, today announced the launch of its latest innovation, the HL5098, USB 2.0 D+/D- protector. Designed to enhance the safety and reliability of smartphones, tablet PCs, notebooks, and mobile IoT applications, the HL5098 offers cutting-edge over-voltage protection for USB data channels and comes in a compact 6-pin DFN package.

The HL5098 is engineered to provide robust over-voltage protection for USB 2.0 D+/D- signals. Featuring two high-bandwidth switches, it ensures rapid response to voltage surges, with the capability to block damaging voltages from the USB connector within approximately 100ns.

The HL5098 features several advanced capabilities designed for optimal protection and performance. It operates by being powered from VCC, with internal switches engaging once VCC surpasses the threshold VVCC_UVLO_R, following a delay period defined as tON_DELAY. For over-voltage protection, the switches turn off if the voltage on DP or DN exceeds the internally fixed threshold of 5V VOVP_TH, and they reset when the voltage falls below VOVP_TH minus VOVP_HYS for a period of tOVP_REC.

Additionally, the HL5098 incorporates clamping circuits on the DSP and DSN terminals, ensuring that the peak voltage on the system side remains below 9V, even if the connector side terminals are subjected to a short circuit up to 20V.

The HL5098 boasts a range of technical specifications designed for high performance and reliability. It operates with a power supply range of 2.3V to 5.5V and features a low quiescent current of just 20µA at VCC=3.3V. The device provides robust high-voltage protection with a tolerance of up to 24V DC on connector side terminals (DN/DP) and has an over-voltage protection threshold set at 5V. The HL5098 supports a bandwidth of 1.2GHz at -3dB and features an integrated switch resistance of 5.5 ohms Rds(on).

“The HL5098 is a simple and easy-to-use, high-performance load switch that provides strong protection for the D+/D- channels on the USB Type-C connector without sacrificing data bandwidth,” stated Mason Choi, VP/GM of HMI.

About HMI
HMI specializes in cutting-edge advanced analog and mixed-signal integrated circuits, providing ultra-fast battery charging, robust safety protection solutions, and high-efficiency power DC-DC converters across diverse sectors such as mobile, IoT, automotive, and industrial applications. Explore further at www.hmisemi.com.

For more information, please contact:

Jae Park
Email: jpark@hmisemi.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/hmi-unveils-a-high-performance-usb-2-0-dd–protector-for-mobile-devices-302269121.html

SOURCE HMI

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BLUETTI Joins October Prime Day Event with Unbeatable Portable Power Station Deals

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Get limited-time Prime Day deals on BLUETTI portable solar generators from October 8-9

LAS VEGAS, Oct. 8, 2024 /PRNewswire/ — BLUETTI, a technology pioneer in clean energy, is offering exclusive deals on its portable power stations during this Fall Prime Day sale on Amazon and BLUETTI Official Site! With tons of power generator designed for outdoor enthusiasts, RV campers, and home backup needs, BLUETTI’s lineup promises reliable power, anytime and anywhere. 

BLUETTI AC70: Ideal for Camping Adventures

For photographers, campers, and road trippers, the AC70 provides that much-needed electricity in a 22-pound unit, compact enough to take anywhere. It pumps out 1,000W clean power to charge essential camping gear, such as laptops, lamps, car fridges, electronics, and batteries. Its 768Wh battery can run a 40W CPAP machine for over 10 hours or a 120W fridge for around 5 hours. With a quick 0-80% recharge in 45 minutes, it’ll be ready to hit the trails quickly. Its 500W solar charging capability ensures all gear stays powered throughout every adventure.

AC70: Now $379 (originally $699) on Amazon and BLUETTI Official.

Use the exclusive discount code BLUETTI3OFF to save an additional 3%.

BLUETTI AC180: Powering Off-Grid Life on the Road

Delivering 1,800W of power from its 1,152Wh battery, the AC180 strikes the perfect balance between weight and functionality. It provides ample power for various tasks while exploring the wilderness. With 11 versatile outlets, including a wireless charging pad, RVers can charge everything from coffee makers and refrigerators to drone batteries and phones. The AC180 boasts 1,440W AC input for fast charging – a full charge in just one hour. It also has a 20ms UPS feature to ensure uninterrupted power on the move.

AC180: Now $459 (originally $999) on Amazon and BLUETTI Official.AC180 + PV200 Combo: Only $779 (originally $1,598) on Amazon and BLUETTI Official.

Exclusive discount code BLUETTI5OFF gives an extra 5% off on the AC180 and its series.

BLUETTI AC200L: Backup Power Supply for Home Outages

With a 20ms UPS function, the AC200L is perfect for home backup and emergency preparedness. If the means cuts off, it instantly kicks in and keeps critical devices like desktop computers and routers powered. With 2,400W of output and a 2,048Wh capacity, it can handle high-wattage appliances like fridges, hair dryers, induction cooktops, and power tools.

AC200L: Now $1,099 (originally $1,999) on Amazon and BLUETTI Official.AC200L + PV200 Combo: Now $1,199 (originally $2,499) on Amazon and BLUETTI Official.AC200L + PV350 Combo: Now $1,499 (originally $2,848)on Amazon and BLUETTI Official.

Use the exclusive code BLUETTI5OFF to save an additional 5% on the AC200L and its series.

Don’t miss these limited Fall Prime Day deals and get your BLUETTI power stations for camping, outage backup, or daily use at unbeatable prices!

About BLUETTI

As a technology pioneer in clean energy, BLUETTI is committed to a sustainable future by providing affordable green energy storage solutions for both indoor and outdoor use. Through initiatives like the LAAF (Lighting An African Family) program, BLUETTI is dedicated to bringing power to 1 million African families in off-grid areas. With a strong focus on innovation and customer needs, BLUETTI has established itself as a trusted industry leader in over 110 countries and regions.

CONTACT: Ellen Lee, ellenlee@bluetti.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/bluetti-joins-october-prime-day-event-with-unbeatable-portable-power-station-deals-302269771.html

SOURCE BLUETTI POWER INC

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EROAD and Medline Renew Partnership to Drive Innovation and Sustainable Growth

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SAN DIEGO, Oct. 8, 2024 /PRNewswire/ — EROAD, a global leader in fleet management, electronic compliance, and telematics solutions, today announced the renewal of its partnership with Medline, a market-leading manufacturer and supplier of medical supplies and solutions. This renewed multi-year agreement signifies a continued commitment to innovation, sustainable operations, and exceptional customer service from both companies.

“At EROAD, we are dedicated to driving innovation and sustainability in all our operations.”

EROAD has been a trusted partner to Medline since 2019, providing state-of-the-art solutions that support Medline’s rapid growth and operational efficiency. The extension of this partnership underscores EROAD’s ability to deliver cutting-edge technologies and sustainable practices that align with Medline’s growth objectives.

Jeff Brennan, VP Transportation – Private Fleet Services, expressed enthusiasm for the renewed collaboration. “Over the past five years, Medline has experienced significant growth, solidifying our leadership position in the healthcare supply industry. The partnership with EROAD has been instrumental in supporting our logistics and transportation operations. EROAD’s innovative solutions and focus on sustainability align with Medline’s goals of operational excellence and environmental stewardship. We look forward to continuing our successful collaboration and driving even greater efficiencies in our supply chain.”

David Kenneson, Co-CEO of EROAD, commented on the reaffirmed partnership:

“The renewal of our contract with Medline is a testament to the strong and fruitful relationship we have built over the past five years. At EROAD, we are dedicated to driving innovation and sustainability in all our operations. We are proud to support Medline’s mission and are excited to further enhance their logistics capabilities with our advanced solutions.”

About EROAD 

EROAD aims to help customers grow by providing innovative solutions that offer a deep and comprehensive range of highly contextualized data across driver, asset, and load performance. Our solutions deliver robust visibility into critical issues and translate this data into actionable insights, enabling customers to improve their operations. EROAD’s hardware and connectivity solutions set the industry standard for accuracy and reliability, significantly enhancing the efficiency and productivity of fleet operations across the transportation, cold chain, and construction segments. 

Our unwavering commitment remains focused on creating safer and more sustainable roads for all. EROAD (ERD) is dual listed on the ASX and NZX and boasts a team of 450 professionals located across New Zealand, Australia, and North America. www.eroad.com 

**About Medline**

Medline makes healthcare run better. Through its unique offering of world-class products, supply chain resilience and clinical practice expertise, Medline delivers improved clinical, financial and operational outcomes across all points of care. Headquartered in Northfield, Illinois, Medline is the healthcare industry’s largest medical-surgical product manufacturer, supply chain provider and clinical solutions partner. The company employs more than 39,000 people worldwide and operates in over 100 countries and territories. For more information, visit www.medline.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/eroad-and-medline-renew-partnership-to-drive-innovation-and-sustainable-growth-302269412.html

SOURCE EROAD

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