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Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A


Jüsto, an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic.
The amount is sizable for a Series A in general, but supersized for a LatAm startup. In fact, according to PitchBook data cited by General Atlantic, the round represents the largest Series A raised in Latin America in the past decade.
Existing backers also participated in the round, including Foundation Capital and Mountain Nazca.
Ricardo Weder, former president of Cabify (a large ridesharing company operating in Latin America, Spain and Portugal) founded Jüsto in 2019 with a mission …

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