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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Austin's transformation into a global innovation powerhouse is at the heart of Austin Next. We explore insights into the region's evolution and the building of robust ecosystems. Additionally, we delve into the potential impact of emerging trends, technologies, and their convergence.
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