# Foreverland

**Source:** https://www.startuphub.ai/startups/foreverland
**Profile type:** Startup

> Developing cocoa-free chocolate alternatives from Mediterranean crops.

## About

Foreverland is a Milan-based foodtech company that develops sustainable, cocoa-free ingredient solutions designed to reduce supply chain risks in the confectionery industry. Their flagship product, Choruba, is made from Mediterranean crops such as carob and aims to replicate the taste and functionality of chocolate while offering more stable pricing and a lower environmental impact. The company addresses challenges in the cocoa market like price volatility, supply shortages, and climate-related pressures by providing industrial-scale alternatives for manufacturers.

## Key facts

- **Slug:** foreverland
- **Website:** https://foreverland.it/en/
- **Location:** Milan, Italy
- **Operating status:** Active
- **Total funding:** $6M
- **Sectors / tags:** FoodTech, Agriculture, Sustainable Food, Ingredients
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/foreverland-food
  - Facebook: https://www.facebook.com/foreverlandfood

## Frequently asked

### What does Foreverland do?

Foreverland is a Milan-based foodtech company that develops sustainable, cocoa-free ingredient solutions designed to reduce supply chain risks in the confectionery industry. Their flagship product, Choruba, is made from Mediterranean crops such as carob and aims to replicate the taste and functionality of chocolate while offering more stable pricing and a lower environmental impact. The company addresses challenges in the cocoa market like price volatility, supply shortages, and climate-related…

### What is Foreverland's revenue?

StartupHub estimates Foreverland's annual revenue at $2.7M (range $1.3M to $6.2M, 31% confidence), based on comparable companies in the sector.

### What is Foreverland's valuation?

StartupHub estimates Foreverland's effective valuation at $23.4M (range $15.0M to $36.0M, 22% confidence), based on comparable companies in the sector.

### How much funding has Foreverland raised?

Foreverland has raised a total of $6M in funding. The most recent round on record is Funding Round.

### Where is Foreverland headquartered?

Foreverland is headquartered in Milan, Italy.

### What industry does Foreverland operate in?

Foreverland operates in FoodTech, Agriculture, Sustainable Food, Ingredients.

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