Investment in solutions firm
Device developer Clear Surgical secures funding
Michelle Ward: ‘exciting time’
Clear Surgical, which finds solutions to equipment issues identified by healthcare professionals, has secured £280,000 from existing shareholders in an oversubscribed funding round.
The investment was led by syndicate Kelvin Capital supported by Scottish Health Innovations (SHIL) and the Scottish Investment Bank.
It will help the development of the firm’s advanced surgical devices and its first product, the OpLight, currently used in Europe, Asia and South America.
The OpLight was developed by former NHS Ayrshire and Arran clinician Dr Murali Subramaniam, a vascular surgeon who recognised the benefits of enhanced lighting during surgical procedures.
Clear Surgical recently became the first client of the £3.7m Medical Device Manufacturing Centre (MDMC) based in the School of Engineering and Physical Sciences at Heriot-Watt’s Edinburgh campus.
Michelle Ward, chairman at Clear Surgical, said: “This is an incredibly exciting time for the business.
“By working directly with frontline surgeons and turning their ideas into reality we create solutions that have real and immediate benefits.
Our products are not speculative because they come directly from the very people who want them and who will use them.”