Image: REWE/Planet A Foods

Sweets & Snacks

REWE Group Launches Own-Label Products Made With ChoViva Cocoa-Free Chocolate

Germany’s REWE Group says it has become the first European retailer to use ChoViva cocoa-free chocolate in its own-label products. ChoViva is produced by German startup Planet A Foods, and is made from locally-grown ingredients such as oats and sunflower seeds. The concept originated when the founders realised that most of the flavour of chocolate comes from the fermentation and roasting process rather than the taste of cocoa beans. REWE launched its first products containing ChoViva this month, under the brands ja! and REWE Beste Wahl at REWE stores and the COVO, Granola, and Chocolà brands at PENNY. By using the cocoa alternative, REWE hopes to become more ecologically responsible, as ChoViva requires far fewer resources than conventional chocolate production and is not reliant on …


Planet A Foods founders

Drs. Max and Sara Marquart. © Planet A Foods

Investments & Acquisitions

Planet A Foods Raises $14.5M to Fuel Mass-Market Expansion for Cocoa-Free Chocolate

German food tech startup Planet A Foods has raised $14.5 million in Series A funding to fuel the international expansion of its cocoa-free chocolate, ChoViva. The round was led by leading climate venture fund World Fund, with participation from Omnes Capital, Cherry Ventures, Mudcake, and more. Some of the funding has already been used to scale up production at Planet A’s factory, allowing the company to produce 750kg of ChoViva per hour. This will help to make the chocolate alternative — which is already very affordable — even cheaper. The funding will also be used to propel Planet A’s mission of becoming a leader in the chocolate alternatives market. It comes after the company secured a partnership with Lindt last year to launch a limited-edition …