What is 7879?
Headquartered in London, United Kingdom, 7879 is a distinctive jewelry line that places a strong emphasis on investing in precious metals. The company's name itself, 7879, directly references the atomic numbers of platinum (78) and gold (79), symbolizing the unalloyed purity and intrinsic value of the materials used in its creations. This focus on elemental integrity positions 7879 not just as a purveyor of fine jewelry, but as a vehicle for individuals to invest beautifully in tangible assets.
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 Rainmaking and Anglo American
Key Investors in 7879
Rainmaking
Rainmaking is a venture builder that partners with leading companies to drive innovation and solve significant challenges across industries like FinTech and Smart Cities. They specialize in co-creating business results through startup pilots and internal innovation, aiming to make innovation a predictable growth driver.
Anglo American
Anglo American is a global mining powerhouse focused on the responsible extraction of essential natural resources. Their diversified portfolio includes platinum group metals, diamonds, iron ore, and copper, supplying critical materials for global industry and modern life.
What's next for 7879?
The recent major strategic investment of $6.5M signals a pivotal growth phase for 7879. This capital infusion is expected to fuel expansion initiatives, potentially enhancing production capabilities, broadening market reach, and deepening the company's commitment to sourcing and showcasing high-purity precious metals. The company's unique positioning at the intersection of luxury jewelry and tangible asset investment suggests a strategic focus on capturing a discerning clientele interested in both aesthetic appeal and intrinsic value.
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