PHAST CORP

Boston, MA · Founded 2017 · Medtech · Private

Rapid antibiotic susceptibility testing (AST) diagnostic platform using single-cell time-lapse imaging to quantify pathogen phenotypic changes within 15-90 minutes, directly from patient samples

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Updated · phastdiagnostics.com

Sector
Medtech
Headquarters
Boston, MA
Founded
2017
Latest Form D
$3.5M, Apr 2025
Total capital
$19.8M
Federal grants
$1.2M
3 awards · 2019–2020
Rank in peer group#136 of 445
Private capital raised
$18.6M
3 Form D · last Apr 2025
18 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
3
2 pending · first 2019
Rank in peer group#68 of 445

Capital timeline

2019202020212022202320242025FEDERAL ↑EQUITY ↓Cumulative $19.8M$300K$600K$300K1st Form D$10.8M2nd Form D$4.4M3rd Form D$3.5M
2019202120232025FEDERAL ↑EQUITY ↓Cumulative $19.8M$300K$600K$300K1st Form D$10.8M2nd Form D$4.4M

Latest events

  • Private capital raisedForm D · SEC · 3rd filing$3.5M
  • Private capital raisedForm D · SEC · 2nd filing$4.4M
  • Private capital raisedForm D · SEC · 1st filing$10.8M
  • Federal grantHealth and Human S · Phase I · Using combinations of single-cell phenotypes for rapid antibiotic susceptibility testing$300K
  • Federal grantHealth and Human S · Phase I · Using combinations of single-cell phenotypes for rapid antibiotic susceptibility testing$600K
  • Federal grantHealth and Human S · Phase I · Using combinations of single-cell phenotypes for rapid antibiotic susceptibility testing$300K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

27months

from PHAST CORP’s first federal award to its first private round.

First federal award · Jul 2019
Health and Human S · $300K
First Form D · Oct 2021
$10.8M · 1st Form D
Awards before first raise
3 awards

An association in public records, not a cause or a prediction.

Standing among 445 peers

Line = median

Medtech · Device

  • Federal grants#136 · top 31%
  • Granted patents#68 · top 15%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants
  • Kwangmin SonResearcherExecutive Officer, DirectorLinked by 3 patents · $1.2M in grants as PI
  • Roman StockerExecutive Officer, DirectorNamed in SEC Form D filings

What it has protected

USPTO · 3 granted of 5
Show all 5 patent records
  • EARLY IS GOOD INC.Similar federal contract value in Medtech · null in contracts
  • REVBIO, INC.Similar federal contract value in Medtech · null in contracts
  • ENDOMEDIX, INC.Similar federal contract value in Medtech · null in contracts
  • SCION NEUROSTIM, LLCSimilar federal contract value in Medtech · null in contracts
  • CONTRALINE, INC.Similar federal contract value in Medtech · null in contracts
  • FAUXSEE INNOVATIONS LLCSimilar federal contract value in Medtech · null in contracts

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.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .