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Venture Capital News: Infinite Machine Secures $9.3M Seed Round

2024-10-29
NEW YORK, NY, Infinite Machine, the company building the next generation of non-car vehicles, today announced the close 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 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.

Infinite Machine exists to make the most compelling non-cars on earth and to inspire a post-car future. P1, its first product, is a radical new personal electric vehicle for cities, pairing cutting-edge industrial design with breakthrough performance and utility. The company was created by brothers Joseph and Eddie Cohen, lifelong vehicle enthusiasts and New Yorkers. They wanted to build vehicles that fit their lives-inspiring designs with great performance and deep practicality that show an exciting vision for the future of transportation.
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