Foreverland raises €6 million to scale cocoa-free chocolate in Europe

At a Glance

Foreverland, an Italian food-ingredients company specializing in cocoa-free chocolate alternatives, has closed a €6 million funding round, bringing its total capital raised to €9.4 million. The round drew follow-on investment from Kost Capital and Maia Ventures alongside new backers including CDP Venture Capital, Linfa (managed by Riello Investimenti SGR), and Newtree Impact. The company plans to use the funds to expand commercially across Europe—particularly in Germany, France, and Italy—and to recruit senior talent from established cocoa and chocolate manufacturers.

Key Details

• Foreverland's production facility in Puglia, Italy, has obtained IFS Food certification, positioning the company as a manufacturer-ready, high-volume supplier of cocoa-free chocolate ingredients made from Mediterranean crops such as carob.
• The company is entering the organic segment with a dedicated organic line of its flagship product, Choruba, which it says makes it the only producer offering organic cocoa-free chocolate at industrial scale.
• Organic products featuring Choruba are already available on shelves in Italy and France.
• The investment will support deeper partnerships with strategic confectionery players and the hiring of senior commercial leaders from the cocoa and chocolate industry.
• Foreverland was founded in 2022 and is based in Milan and Puglia.

Top Quote

"This round validates our execution, not just as a foodtech innovator, but as a reliable industrial partner for confectionery manufacturers." — Massimo Sabatini, co-founder and CEO of Foreverland