What is 7879?
Headquartered in London, United Kingdom, 7879 is a distinctive jewelry line that places a strong emphasis on investing in precious metals, specifically gold and platinum, as reflected in its name. The company's core promise is built around the purity and intrinsic value of these elements, with '78' representing platinum and '79' representing gold on the periodic table. This focus on unalloyed purity is central to their product offering, aiming to provide customers with a beautiful way to invest in these valuable commodities.
How much funding has 7879 raised?
7879 has raised a total of $6.5M across 1 funding round:
Angel/Seed
$6.5M
Angel/Seed (2022): $6.5M with participation from Anglo American and Rainmaking
Key Investors in 7879
Anglo American
Anglo American is a global mining powerhouse focused on the responsible extraction of essential natural resources. Their involvement suggests a strategic alignment with 7879's focus on precious metals, potentially offering expertise or supply chain integration.
Rainmaking
Rainmaking is a venture-building firm that partners with established companies to drive innovation and entrepreneurship. Their participation indicates a focus on the strategic growth and business development aspects of 7879's expansion.
What's next for 7879?
With the recent major strategic investment, 7879 is poised for significant expansion and development. The substantial capital infusion is expected to fuel growth initiatives, potentially including scaling production, enhancing marketing efforts, and further solidifying its position in the luxury jewelry and investment market. The company's unique value proposition, combining aesthetic appeal with tangible asset investment, positions it for continued success in a discerning market.
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