Infinite Machine: Personal Electric Vehicle Company Raises $9.3 Million (Seed)

By Amit Chowdhry ● Nov 8, 2024

Infinite Machine, a New York-based company building the next generation of non-car vehicles, announced the closing of its seed funding round. The $9.3 million round was led by Andreessen Horowitz through its American Dynamism fund, with additional participation from Adjacent Capital, Necessary Ventures, Otherwise Fund, the founders of Reformation, Replit, and HuggingFace and Formula 1 World Champion Nico Rosberg (Founder of Rosberg Ventures).

This funding will accelerate production and the market launch of Infinite Machine’s debut product P1 — which is an electric scooter designed to be the optimal vehicle for urban environments.

P1 is a tool created for unlocking the experience of living in and exploring a city. It offers next-gen technology that blends practicality and performance: its electric drivetrain is staggeringly quick, quiet, and it features a high-performance removable battery that can be charged at home with a standard outlet. And P1 is modular and can adapt to carry cargo, spare batteries and even a speaker. It is fully connected, with an onboard automotive-grade computer and remote app for convenience and security. The vehicle can seat two passengers comfortably and can be operated for up to speeds of 30 mph with a standard driver’s license in the US. With a motorcycle license, a software unlock enables speeds of up to 55 mph.

Infinite Machine was launched by brothers Joseph Cohen and Eddie Cohen, who saw an opportunity to create urban vehicles that combined advanced technology, high performance, elevated design, and modularity. Unhappy with subpar performance, uninspiring designs, and the lack of good technology in existing urban vehicles, they brought together a team of builders from Tesla, Boosted, and Apple to realize their vision.

P1 is available for pre-order at infinitemachine.com, with deliveries expected to begin in 2025.

KEY QUOTES:

“P1 is the first step in our vision of a post-car future. We couldn’t be more excited to partner with a16z and our other investors to bring our vision to life. This round of capital will allow us to scale production and start shipping vehicles to customers next year.”

– Co-founder and CEO Joseph Cohen

“We obsessed over every detail of P1. Our singular focus was to create the best personal electric vehicle in the world and every decision we made—whether it was design, engineering, materiality, or software—was driven by an uncompromising dedication to the product itself.”

– Eddie Cohen

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