Infinite Machine Secures $9.3M to Launch Olto Scooter, Aiming for a Sustainable Urban Transit Future

Infinite Machine, a New York-based micromobility startup, has secured a significant $9.3 million funding round led by Andreessen Horowitz. This investment will fuel the launch of its innovative Olto scooter and further their vision of sustainable urban mobility solutions. The company is positioned to compete with established players like Bird and VanMoof as they look to disrupt the traditional market for urban transit.