Virgin Green, Potomac Energy Fund, Orix Venture Finance and The Pohlad Companies back the US-based water cooler company.
Virgin Green and other corporate-backed investors helped Quench, a US-based water cooler company, raise $30m in equity and debt on Thursday.
The environmentally focused affiliate of UK based-conglomerate was joined by new backers of the company, Potomac Energy Fund, a fund of the eponymous asset management company, ORIX Venture Finance, the venture debt arm of the Japanese corporation, The Pohlad Companies, a US-based family holding company. The Advent-Morro Equity Partners, the Puerto Rico-based private equity firm. The company was…
