The company plans to expand internationally and scale the commercial growth of its cocoa-free chocolate alternative, Choruba®.

The new fund saw support from the European Investment Fund (EIF) and CDP Venture Capital SGR.

The funding round for Exein was led by Blue Cloud Ventures, with participation from HV Capital, Intrepid Growth Partners, Geodesic Capital, and J.P. Morgan.

The €10 million round was backed by 33N Ventures, Alpha Intelligence Capital, JME Ventures, 360 Capital, and Fondazione CR Firenze.

The funding round was led by Techstars, with support from Zooga VC, and Mamba Ventures.

The round was led by The Grantham Foundation for the Protection of the Environment and Algebris Investments.

CommerceClarity’s €2.7 million pre-seed funding round was led by IFF and Entourage.

The investment was backed by Indico Capital Partners, SIMEST, and CDP Venture Capital SGR.