Foreverland, an Italian foodtech company that has developed Choruba, a cocoa-free chocolate alternative, has announced that it has closed a €6 million funding round, bringing the total capital raised to €9.4 million following its first round in October 2025, which raised €3.4 million. Existing investors Kost Capital and Maia Ventures participated in the round, alongside new investors: CDP Venture Capital, through the Acceleratori Fund and the Italia Venture II Fund; and the agrifoodtech fund Linfa, managed by Riello Investimenti and Newtree Impact.
The funding enables Foreverland to accelerate its international expansion in Europe, with a focus on strengthening relationships with key players in the confectionery sector in Germany, France and Italy, and on recruiting senior sales professionals from globally recognised cocoa and chocolate manufacturers.
Foreverland’s first production facility in Italy has recently achieved IFS Food certification, confirming internationally recognised standards of quality and safety and strengthening the company’s ability to guarantee a reliable, high-volume supply to confectionery manufacturers. At its plant in Puglia, Foreverland transforms locally sourced Mediterranean ingredients, such as carob, into cocoa-free alternatives designed for industrial use, helping manufacturers reduce their exposure to cocoa price volatility and supply chain disruptions.
“This funding round confirms our ability to deliver, not only as foodtech innovators, but as a reliable industrial partner for confectionery manufacturers,” says Massimo Sabatini, co-founder and CEO of Foreverland, in a statement (pictured with the team) – “With IFS Food certification already secured and demand on the rise, we are accelerating our commercial development in Europe, strengthening key partnerships and bringing in senior talent from the cocoa and chocolate industry to support large-scale manufacturers.”
At the same time, Foreverland is expanding its organic range with the launch of a dedicated line of organic Choruba. Although the company’s core business remains supplying conventional food manufacturers with cocoa-free chocolate alternatives, it believes it is currently the only company offering a cocoa-free organic alternative on an industrial scale, with several organic Choruba-based products already available on the shelves in Italy and France.
“We have great confidence in the Foreverland team and its ability to tackle a systemic challenge through innovative, effective and sustainable solutions, establishing itself as a leader in the international market for chocolate alternatives,” says Alessandro Scortecci, Director of Direct Investment at CDP Venture Capital.
“At Linfa, we invest in teams that are transforming the food supply chain through scalable innovations backed by solid commercial fundamentals,” adds Marco Gaiani, founding partner of Linfa. “Foreverland perfectly embodies this investment philosophy, demonstrating that cocoa-free alternatives can combine sustainability, scale and commercial potential. This is how systemic change is brought about and how one emerges as a category leader in agrifoodtech.”
“Following our initial investment, we have seen Foreverland deliver with discipline and clarity,” says Andrea Galassi, founding partner of Maia Ventures. “Our decision to reinvest reflects our continued belief in the team’s ability to develop future-proof ingredients and build the industrial credibility required by manufacturers.”
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