Milan-based foodtech company Foreverland has raised €6 million to develop cocoa-free chocolate alternatives. The funding round, which includes investment from Kost Capital and Maia Ventures, will support the company's expansion across Europe and product portfolio growth. Foreverland's flagship product, Choruba, utilizes Mediterranean crops like carob to offer a sustainable and stable alternative to traditional cocoa for the confectionery industry.
Amount: $6.0M
