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Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Infinite Machine said it raised $9.3 million in a seed round led by Andreessen Horowitz’s American Dynamism fund to accelerate production and the market launch of its P1 electric scooter. TechCrunch and the company’s counsel, Fenwick, reported the round as $9 million, so the total depends on the source. The announcement came on October 29, 2024; the company then forecast customer deliveries in 2025, a projection rather than confirmation of when deliveries began.
What Infinite Machine announced
New York-based Infinite Machine was founded by brothers Joseph and Eddie Cohen. The company’s stated mission is to build “the best non-cars on earth,” and it describes P1 as a reimagined electric seated scooter. Joseph Cohen, co-founder and CEO, called P1 “the first step in our vision of a post-car future” in the company’s October 29, 2024 announcement.
The company 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. TechCrunch’s coverage and Fenwick’s transaction note each described the financing as $9 million. The amounts should be attributed rather than treated as a single independently reconciled figure.
Infinite Machine said the funding would support P1 production and its market launch. It was not announced as an acquisition or a consumer subsidy. TechCrunch reported that the company planned direct sales and that the founders expected to start small, including hand-delivering vehicles rather than immediately outsourcing delivery and logistics. Those were plans reported at the time, not confirmation of the company’s current delivery operations.
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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
What P1 is, and what it costs now
P1 is a two-passenger electric seated scooter aimed at urban travel. In the company’s current product information, checked October 8, 2026, it is listed at $7,995, with a manufacturer-stated top speed of 65 mph and an estimated 60-mile range for real-world city riding. These are company-published figures, not independently verified performance results. See the current P1 product page and technical specifications.
The price and speed have changed from launch-era figures. TechCrunch reported a $10,000 launch-edition price in October 2024; Infinite Machine’s 2023 launch announcement listed a $10,000 starting MSRP and 55 mph top speed. Its 2024 announcement also described a 55 mph top speed and a $10,000 launch-edition price. Those historical figures describe earlier product claims, not the current listing.
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.
| Specification or claim | Company-listed information |
|---|---|
| Current listed price | $7,995, on Infinite Machine’s product page checked October 8, 2026 |
| Top speed | 65 mph, manufacturer-stated; speed-mode licensing requirements apply |
| Estimated range | 60 miles for real-world city riding, manufacturer estimate |
| Battery | Removable 3.24 kWh, 72 V, 45 Ah battery |
| Charging | Approximately 4.5 hours, per the company’s specifications |
| Capacity and weight | Two passengers; approximately 331 pounds with battery |
The company also lists front and rear cameras, GPS tracking, remote unlocking, a built-in helmet lock, storage and a modular rear system for add-ons. Its specifications list ABS and UL2271 battery certification. These are manufacturer descriptions; the available information does not establish an independent assessment of performance or certification beyond the company’s statements.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Licensing, ordering and ownership details
Infinite Machine says P1 can be used at speeds up to 30 mph without a motorcycle license, while its higher-speed mode requires one. The company also describes P1 as street legal and plated. Licensing, registration and equipment rules depend on location and may change, so riders should confirm requirements with their state motor-vehicle agency before riding; the company’s summary is not a substitute for local rules.
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- 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)
As of October 8, 2026, the company lists P1 for order and describes tracking an order from deposit through shipment. It offers test rides at its Long Island City location and states that P1 has a two-year limited warranty. Check the company FAQ and current order information for the terms that apply when purchasing; availability and policies can change.
What the funding does—and does not—tell a buyer
The investment signals that the company intended to finance a production and launch effort around a premium, design-forward electric two-wheeler. It does not establish that the scooter will replace a car economically, that the stated range will match every rider’s experience, or that the 2024 delivery forecast was met. Those questions require current delivery and ownership information as well as a rider’s own assessment of route, charging access, licensing, insurance and total cost.
David Ulevitch, a general partner at a16z American Dynamism, told TechCrunch that “companies like Infinite Machine are pushing the boundaries on building futuristic urban transit with their first product P1.” Joseph Cohen told the outlet that early failures elsewhere in the electric two-wheeler category had made some investors wary, while arguing that the experience and infrastructure left behind could help new entrants. These are attributed views from the investors and founders, not independent evidence of category-wide demand or commercial viability.
Quick Recap
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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