GigaCrete, a Scottsdale, Arizona company that offers environmentally friendly cementious building products, has raised $5 million in a round of financing.
Craton Equity Partners, a Los Angeles clean-technology private equity fund, said it committed $3.5 million of the funding.
See the statement here.
It is just the latest of several companies targeting this market, which include Quiet Solution and California Cement. GigaCrete's Web site says it uses less water than other concrete producers