Infinite Machine announced a seed round led by Andreessen Horowitz’s American Dynamism fund on October 29, 2024, to accelerate production and launch of its P1 electric scooter in the United States. The company put the round at $9.3 million; TechCrunch and company counsel Fenwick reported $9 million. The financing was intended to support the P1’s rollout—not a consumer subsidy or an acquisition.
What Infinite Machine announced in October 2024
New York-based Infinite Machine, founded by brothers Joseph and Eddie Cohen, said it had closed a seed round led by a16z’s American Dynamism fund. The company’s announcement named Adjacent Capital, Necessary Ventures, Otherwise Fund, founders of Reformation, Replit and Hugging Face, and Formula 1 champion Nico Rosberg through Rosberg Ventures as additional participants. Infinite Machine announced $9.3 million; TechCrunch reported $9 million, as did Fenwick, the company’s counsel. The figures should remain attributed to those sources rather than treated as a single confirmed total.
The stated use of the money was to speed up P1 production and its market launch. Infinite Machine said in 2024 that deliveries would begin in 2025; that was a forecast at the time, not confirmation that deliveries began on that schedule.
What the P1 is—and what it costs now
Infinite Machine calls the P1 a reimagined electric seated scooter and describes its broader mission as building “the best non-cars on earth.” It is a two-passenger electric two-wheeler aimed at urban travel, rather than a conventional stand-up kick scooter. The company’s current P1 page lists a price of $7,995, a manufacturer-stated top speed of 65 mph and an estimated 60-mile range for real-world city riding, as checked October 8, 2026.
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- 【500W Motor & 21 MPH Top Speed】 This electric scooter powered by a 500W rated motor, reaches up to 21 MPH, perfect for city commuting, outdoor travel & campus cycling
- 【21 Miles Max Range】 This electric scooter for adults and teens rides up to 18–21 miles per charge with the high-capacity 36V 7.8AH battery. Fully recharges in 4 hours, giving you long rides with less waiting time
- 【8.5" Honeycomb Solid Tires & 20° Hill Climb】 8.5-inch honeycomb tires provide maintenance-free riding, solid grip, and smooth shock absorption, while easily conquering slopes up to 20°
- 【Dual Braking System + Bright Lights + IPX4】 This escooter features both electronic and rear drum brakes for reliable stopping power. Equipped with a bright headlight, rear taillight, and IPX4 waterproof rating for safe riding day or night in light rain
- 【Portable, Foldable & Lightweight】 This foldable electric scooter weighs only 35.1 lbs and supports riders up to 264 lbs. When folded, it measures 44.1"×16.7"×16.1", making it easy to carry or store in offices, subways, or car trunks
| Claim | Launch-era figure | Current company listing |
|---|---|---|
| Price | $10,000 launch-edition price in Infinite Machine’s 2024 release; TechCrunch also reported a $10,000 launch-edition price. Company announcement; TechCrunch | $7,995 on the company’s current P1 page as checked October 8, 2026. Infinite Machine |
| Top speed | 55 mph in the 2024 company release and launch announcement. Infinite Machine; TechCrunch | 65 mph on the current company page as checked October 8, 2026. Infinite Machine |
| Range | 60 miles of city range stated in launch-era materials. Infinite Machine | Estimated 60-mile range for real-world city riding on the current company page as checked October 8, 2026. Infinite Machine |
The changing price and speed are date-specific company claims, not evidence that the 2024 launch edition had the current price or performance. The 2023 launch announcement described a $10,000 starting MSRP, 55 mph top speed, 60-mile city range and an estimated 12–18-month shipping window; those were the company’s launch-era figures, not present-day availability terms. Infinite Machine’s 2023 launch announcement.
How the P1 is equipped
Infinite Machine’s current technical specifications list a 3.24 kWh, 72 V, 45 Ah removable battery, an approximate 4.5-hour charge time, two-passenger capacity and approximate weight of 331 pounds with the battery. The company says the battery can be charged from a standard household outlet. Listed equipment includes front and rear cameras, GPS tracking, remote unlocking, a built-in helmet lock, storage, a rear modular system for add-ons, ABS and UL2271 battery certification.
Rank #2
- POWERFUL MOTOR & 20 MPH TOP SPEED: Electric scooters is equipped with a powerful 500W peak motor, reaches speeds of up to 18 MPH for a smooth and efficient ride. making it perfect for daily commutes and city travel.
- LONG BATTERY LIFE: Foldable Scooter uses a 36V 7.8AH powerful battery built for short trips to school, work, or around the neighborhood without the worry of running out of battery
- SMART APP CONTROL: Connect your electric scooter to the mobile app for convenient operation and real-time monitoring. Use the app to activate the electronic lock, view real-time speed, switch speed units, adjust riding modes, control the headlight, and enable cruise control for a smarter and more customizable riding experience.
- 8.5" PNEUMATIC TIRES & IPX4 WATER RESISTANCE: This fast electric scooter has 8.5-inch air-filled tires that provide shock absorption and grip, which easily climb 20° slopes. With an IP65 waterproof rating, it can withstand splashes and light rain, making it a reliable choice for commuters and adventure seekers alike.
- PORTABLE & FOLDABLE: ONE-STEP FOLDING: To collapse the scooter in just 3 seconds and hold up to 220lb, which is easy to carry and store, ideal for commutes, subways, offices, or car trunks, making it ideal for adults and teens alike.
These details are manufacturer-published specifications, not independent test results. No independent performance test or third-party validation of the current speed or range is established here, so riders should regard the 65-mph top speed and 60-mile city range as company claims rather than guaranteed real-world outcomes.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Licensing, ordering and test rides
As of October 8, 2026, Infinite Machine’s product pages list the P1 for order and describe a process for tracking an order from deposit through shipment. The company also offers test rides at its Long Island City location. Its product information says the scooter can be used up to 30 mph without a motorcycle license and that its higher-speed mode requires one. The FAQ describes the P1 as street legal and plated, but registration and licensing requirements depend on jurisdiction; confirm the rules with local motor-vehicle authorities before riding. The company lists a two-year limited warranty. Infinite Machine’s FAQ.
Rank #3
- POWERFUL MOTOR AND LONG BATTERY LIFE - The 350W electric brushless hub motor allows for speeds up to 18mph. High capacity battery with a Max. travel range of up to 17 miles under specific conditions. And our product has passed stringent UL 2272 testing. (Testing lab name: SGS)
- STABLE AND DURABLE FOR COMMUTING - Extremely smooth when accelerating and turning, Hiboy electric scooters have been made solid and durable quality with solid tires and whole frame.
- BEING SAFER WITH TECHNOLOGY - Hiboy E-Scooter S2 are made with front, middle and rear 3 lights. And double braking system features a disc braking and eABS regenerative anti-lock braking.
- HIBOY APP - Simply pair Hiboy Electric Scooter via Bluetooth and use the app to lock your scooter, to view riding statistics such as battery life. It works with both iPhones and Android smartphones.
- PORTABLE DESIGN - Hiboy e-scooter collapses for easy storage in car trunks and closets, beneath subway seats, and inside other compact spaces. Extra detachable scooter’s seat is available for more comfortable option. (Seat NOT included)
The sales strategy behind the funding
TechCrunch reported that Infinite Machine planned to sell directly and begin on a small scale, including hand-delivering vehicles rather than immediately outsourcing delivery and logistics. Joseph Cohen also told TechCrunch that the failures and restructuring of other electric two-wheeler companies had created useful lessons and infrastructure for a new entrant. Those are the founders’ strategy and views as reported in 2024, not proof that the category is now easy to enter or that the P1 will succeed.
The pitch is clear: a design-forward, connected electric vehicle positioned as an alternative to some urban car trips and conventional scooters. That positioning also makes the purchase decision different from choosing a low-cost commuter scooter. The listed price, claimed range and speed, local licensing rules, passenger needs, charging access and service arrangements all matter. The funding announcement showed that investors were backing the company’s attempt to bring this product to market; it did not establish independent validation of the scooter’s performance or consumer demand.
What the round means for U.S. buyers
For buyers, the practical significance is that Infinite Machine had capital earmarked to advance P1 production and launch, followed by a current company listing for orders and test rides as of October 8, 2026. The round itself does not promise a particular delivery date, price lock, service footprint or performance outcome. Check the company’s live product and order information, then verify local licensing and registration requirements before committing.
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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
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