Reactive Nanotech Update

Reactive Nanotechnologies Inc., a Hunt Valley, Md.-based developer of nano-scale furnaces for soldering applications, announced that it has raised $14.3 million in Series C funding. PE Week Wire reported last week that the company had called down $10.5 million of a $17 million Series C round, according to a regulatory filing. Siemens Venture Capital led the deal, and was joined by Eastward Capital Partners and return backers Sevin Rosen Funds, SAS Investors, Toucan Capital, Silicon Valley BancVentures and the State of Maryland Department of Business and Economic Development.