Foreverland carob chocolate

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Fundraising

Foreverland Secures €3.4M to “Redefine the Future of Chocolate and the Food Industry” with Carob-Based Alt Chocolate

The Italian startup Foreverland, which developed and patented a sustainable chocolate alternative made from the carob plant, announces it has secured €3.4 million in a seed round, a year after the company was founded. Foreverland states that the funds will enable the startup to enter its next phase of growth, and that it is “redefining the future of chocolate and the food industry” through this new round which, aimed to launch the presently semi-finished manufacturing facility and expand into Europe. Additionally, the funds will support European expansion, the development of new products, and the establishment of its first production facility in Puglia, Italy, which is poised to be operational from January 2025. Founded by Massimo Sabatini, Riccardo Bottiroli, Giuseppe D’Alessandro, and Massimo Brochetta in Bari …

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