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 ↑Equity ↓20232024
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $55,000 |
Form D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 1478 | Peak Mind Inc. | — | $20K |
| 1479 | Exokinetics, Inc. | — | $100K |
| 1480 | Vista Robotics, Inc. | — | $275K |
| 1481 | Far Out Initiative Inc. | — | $55K |
| 1482 | PREVEP, INC. | — | — |
| 1483 | CuePath Innovation Inc. | — | $59K |
| 1484 | Pathway 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
- Joshua SparksExecutive Officer
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
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.