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§ Private Profile · Via Callisto De Robertis snc; 70017 Putignano (BA), Italy
Foodtech company developing patented sustainable cocoa-free chocolate alternatives for food manufacturers and confectionery.
Foreverland Food is a Bari, Italy-based food technology company that develops and manufactures sustainable, cocoa-free chocolate alternatives for the commercial food industry. The company utilizes ingredients such as carob, pumpkin seeds, and chickpeas to produce its patented Choruba ingredient, operating an industrial factory capable of manufacturing over 500 tonnes of alternative cocoa annually. In October 2024, the enterprise secured €3.4 million in seed funding to scale its production capabilities and expand its European market presence. This financing round was supported by institutional investors including Grey Silo Ventures, Eatable Adventures, Kost Capital, and Exor Ventures. The company supplies its liquid and drop-form ingredients to various food manufacturers, recently partnering with the protein snack brand Small Giants for co-branded consumer products. Foreverland Food was founded in 2023 by Massimo Sabatini, Riccardo Bottiroli, Giuseppe D'Alessandro, and Massimo Brochetta.
Foreverland Food has raised $10.9M across 2 funding rounds.
Foreverland Food has raised $10.9M in total across 2 funding rounds.
Foreverland Food has raised $10.9M across 2 funding rounds. Most recently, it raised $7.0M Foreverland - Other Equity in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 24, 2026 | $7M Venture Round | — | Alessandro Scortecci, Kost Capital, Linfa Fund, Maia Venture | Announced |
| Oct 1, 2024 | $4M Seed | — | 2100 Ventures, CDP Venture Capital, JOS Luis Caba, Exor Ventures, Giacomo Fanin, Kost Capital, Maia Venture, Moonstone, Newland Syndicate, Ulixes Capital Partners | Announced |
Foreverland Food has raised $10.9M in total across 2 funding rounds.
Foreverland Food's investors include Alessandro Scortecci, Kost Capital, Linfa Fund, Maia Venture, 2100 Ventures, CDP Venture Capital, Jos Luis Caba, Exor Ventures, Giacomo Fanin, Moonstone, Newland Syndicate, Ulixes Capital Partners.
Foreverland Food is an Italian foodtech startup developing Choruba, a patented carob-based, cocoa-free chocolate alternative that matches traditional chocolate's flavor and mouthfeel while slashing environmental impact—using 90% less water, 80% less CO2 emissions, and drought-resistant local crops like carob, pumpkin seeds, and chickpeas[1][2][3][5]. It serves food manufacturers and retailers facing cocoa shortages, high costs, and sustainability pressures, enabling 1:1 replacement in products like spreads, coatings, and snacks without equipment changes; the ingredient is naturally vegan, allergen-free (top nine), nickel-free, and clean-label with up to 50% less sugar[2][3][4][5]. Growth is accelerating: €3.4M seed funding in 2024 from investors like Grey Silo Ventures and Exor Ventures fueled a Puglia production facility (operational by January 2025, yielding 500+ metric tons annually) and retail partnerships, including Choruba Protein Bites with Small Giants now in Italian supermarkets[1][2][5].
Founded in 2023 by Massimo Sabatini (CEO), Riccardo Bottiroli, Giuseppe D’Alessandro, and Massimo Brochetta, Foreverland emerged from spotting chocolate's "dark side"—deforestation, pesticides, water overuse, and supply volatility—aiming to "free the world from the issues of conventional chocolate" using forgotten Mediterranean crops and upcycled ingredients[2][3][4]. The idea crystallized through R&D blending carob with grains, sugar, and palm-free vegetable fats, refined via traditional fermentation and label-friendly tech (no precision fermentation needed), yielding Freecao (rebranded Choruba), protected by two patents[2][3]. Early traction came from the FoodSeed acceleration program and Eatable Adventure support, enabling pilot projects; by late 2023, they prepped an MVP Freecao spread, with 2024 funding marking a pivot to scaled production and partnerships[2][3][4].
Foreverland rides the cocoa crisis—climate-driven shortages, price surges (up 200%+ in 2024), and EU sustainability mandates—timing perfectly as foodtech shifts to resilient, alt-ingredients amid $100B+ chocolate market volatility[1][2]. Market forces favor it: consumer demand for indulgent-yet-eco snacks (vegan/high-protein booming), plus Big Food's net-zero pledges; Puglia plant scales supply to mainstream Europe, accelerating adoption via partnerships[1][5]. It influences the ecosystem by proving non-fermentation tech can deliver patentable, regulator-ready alternatives, inspiring "forgotten crops" revival and reducing reliance on tropical monocrops, while democratizing premium taste for broader F&B[2][3][4].
Foreverland transitions from pilots to mainstream with Puglia output and €3.4M war chest, priming Choruba for pan-European rollout in snacks, spreads, and bakery by 2025-26, plus new products/partnerships[1][2][4]. Trends like cocoa volatility, precision-ag limits, and clean-label mandates will propel it; expect influence growth via Big Food tie-ups and health claims (e.g., digestibility studies), potentially capturing 1-5% alt-chocolate share as prices align. This Puglia leap cements its mission: indulgent chocolate, reimagined sustainably—scaling from Italian roots to global impact.