a16z-backed Infinite Machine shows off cheaper, modular electric scooter | TechCrunch
Briefly

Infinite Machine has launched the Olto, a seated scooter priced at $3,495, featuring a 40-mile range and a dual-suspension frame that accommodates two riders. It boasts a modular design allowing various attachments and offers both electric and pedal-assist features. The scooter enters a competitive micromobility market, where other brands like Rad Power Bikes and VanMoof have faced difficulties. Despite these industry challenges, Infinite Machine successfully raised $9 million in funding to support its vision of expanding micromobility solutions to cities worldwide.
The Olto, a new seated scooter from Infinite Machine, features 40 miles of range, a modular design, and can seat two people, at a price of $3,495.
Founder Joseph Cohen envisions Infinite Machine expanding globally, with a vision to have vehicles in every major city, despite current challenges in the electric two-wheeler market.
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