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"Nextec Applications Inc, an advanced materials manufacturer that dealing with high-performance engineered fabrics through its encapsulation technology, announced today that it had secured $14.6m in financing, bringing the company&amp;#39;s funding to $62m.  &amp;quot;With this latest round of financing, we have raised ample capital to take the company through break-even cash flow to profitability,&amp;quot; said company president and CEO Peter Ellman"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-style.com/news/nextec-applications-raises-additional-143m-in-financing_id78964.aspx>