May 16, 2023

Austin Next Spotlight: Getting to the Next Funding Round with ClearCam

Austin Next Spotlight: Getting to the Next Funding Round with ClearCam

Doug Stoakley, co-founder and president of ClearCam, joins us for an Austin Next Spotlight. He shares the story of how ClearCam was founded and its most recent funding round.

Episode Highlights:

  • ClearCam is a revolutionary medical device that aims to solve the problem of dirty cameras in laparoscopic surgeries
  • They just closed their Seed Series 3, raising over $4 million with a post-money valuation of $18.5 million
  • The University of Texas at Austin continues to drive innovation as ClearCam was the second investment of UT’s new seed fund 
  • With the new funding, the team is now leaning into commercialization and expanding its product line

Episode links

Doug Stoakley: LinkedIn

ClearCam: Website, Facebook, LinkedIn


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