Bimbo Ventures and Sweet Capital Invest US$5m in Mexican Delivery Startup Jüsto
1 October 2020
Bimbo Ventures and Sweet Capital, the VC fund of Candy Crush co-founders, invested US$5m in Jüsto, a Mexican grocery delivery startup. Mountain Nazca and Foundation Capital led a US$12m follow-on investment in Jüsto in July 2020.
(TechCrunch) As it begins expanding beyond its home base in Mexico City, the on-demand, online-only grocery store Jüsto has added another $5 million in early-stage funding.
The new money came from Bimbo Ventures, the strategic investment arm of one of the world’s largest bakery companies (Bimbo), and Sweet Capital, the investment fund from the founders of King.com.
Read more at TechCrunch.
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