Infinite Machine raises $9.3m to accelerate production of P1, first-of-its-kind personal electric vehicle

Infinite Machine, a New York-based startup building the next generation of non-car vehicles, has closed $9.3 million seed funding round. The 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 Rosberg Ventures).

The capital will accelerate production and the market launch of Infinite Machine's debut product P1 - a high-performance electric scooter designed to be the ultimate vehicle for urban environments.

Joseph Cohen, Co-founder and CEO, Infinite Machine: "P1 is the first step in our vision of a post-car future. We couldn't be more excited to partner wit.h 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."

P1 is a tool created to unlock 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. 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.

Eddie Cohen, Co-founder, Infinite Machine: "We obsessed over every detail of P1," shares Eddie. "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."

www.infinitemachine.com

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