Jüsto has lured the return of Femsa Ventures in a round that will expand its grocery e-commerce offering in Mexico and Colombia.

Mexico-based online grocery retailer Jüsto has secured $12m in a bridge round featuring Femsa Ventures, the corporate venturing arm of beverage bottler Femsa, TechCrunch reported yesterday.

Foundation Capital led the round, investing together with fellow venture capital firms Mountain Nazca, Quiet Capital and 500 Startups.

Founded in 2019, Jüsto runs an online portal where Mexican consumers can order groceries for home delivery from inventory kept at its warehouses.

The funding will aid expansion in Mexico and regional markets such as…