Far Out Initiative Inc.

DOVER, DE · Founded 2023 · CIK 0002002124 · Medtech

Focused ultrasound neuromodulation system for chronic pain treatment

farout.bio →
Grants
—
No SBIR or STTR on record
Sector median: 1
Raised
$55K
1 Form D · Nov 2023
34 months since last filing
Contracts
—
No federal contracts on record
Patents
—
No published records under this name
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$55,000
Form D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
1478Peak Mind Inc.—$20K
1479Exokinetics, Inc.—$100K
1480Vista Robotics, Inc.—$275K
1481Far Out Initiative Inc.—$55K
1482PREVEP, INC.——
1483CuePath Innovation Inc.—$59K
1484Pathway Labs, Inc.—$3.8M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 1 related persons
  • Joshua SparksExecutive Officer

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.