Foreverland, an Italian foodtech company developing cocoa-free chocolate alternatives, has raised €6 million in new funding, bringing its total capital raised to €9.4 million. The round included follow-on participation from existing investors Kost Capital and Maia Ventures, alongside new backing from CDP Venture Capital, Linfa agrifoodtech fund managed by Riello Investimenti SGR, and Newtree Impact.
The company plans to use the new capital to accelerate its international expansion across Europe, with a focus on strengthening relationships with major confectionery manufacturers in Germany, France, and Italy. It also intends to recruit senior commercial leaders with experience from global cocoa and chocolate companies to support its next phase of growth.
Foreverland produces Choruba, a cocoa-free chocolate alternative made from locally sourced Mediterranean ingredients such as carob. Its production facility in Italy recently obtained IFS certification, confirming compliance with internationally recognized quality and safety standards and positioning the company as a reliable, high-volume supplier for industrial customers.
The company is also expanding into the organic segment with a dedicated organic Choruba product line. While its core business remains supplying conventional cocoa-free ingredients to manufacturers, Foreverland believes it is currently the only producer offering an organic cocoa-free alternative at an industrial scale, with products already available in Italy and France.
The latest funding round reinforces Foreverland’s position in the emerging alternative chocolate category, as it scales both its conventional and organic offerings to meet growing demand across Europe.
KEY QUOTES:
“This round validates our execution, not just as a foodtech innovator, but as a reliable industrial partner for confectionery manufacturers. With IFS Food certification in place and demand accelerating, we’re scaling commercial growth across Europe, strengthening key partnerships, and bringing in senior talent from the cocoa and chocolate industry to support manufacturers at scale.”
Massimo Sabatini, Co-founder And CEO Of Foreverland
“We have great confidence in Foreverland’s team and their ability to respond to a systemic challenge through innovative, effective and sustainable solutions to become a leader in the international alternative-chocolate market.”
Alessandro Scortecci, Direct Investments Director Of CDP Venture Capital
“At Linfa we invest in teams transforming the food value chain through scalable and commercially sound innovation. Foreverland exemplifies this thesis perfectly, demonstrating that cocoa-free alternatives can bridge sustainability, scale and commercial potential. That’s how you create systemic change and emerge as a category leader in agrifoodtech.”
Marco Gaiani, Founding Partner Of Linfa
“Following our initial investment, we have seen Foreverland execute with discipline and clarity. Our decision to reinvest reflects our continued conviction in the team’s ability to develop future-proof ingredients and build the industrial credibility that manufacturers demand.”
Andrea Galassi, Founding Partner Of Maia Ventures
