VITAMIN-V is a 2023-2025 Horizon Europe project that aims to develop a complete RISC-V open-source software stack for cloud services with comparable performance to the cloud-dominant x86 counterpart and a powerful virtual execution environment for software development, validation, verification, and testing that considers the relevant RISC-V ISA extensions for cloud deployment. VITAMIN-V will specifically s upport the RISC-V extensions for virtualization, cryptography, and vectorization in three virtual environments: QEMU, gem5, and cloud FPGA prototype platforms. The project will focus on European Processor Initiative (EPI) based RISC-V designs and accelerators. VITAMIN-V will also support the ISA extensions by adding the compiler and toolchain support. Furthermore, it will develop novel software validation, verification, a nd testing approaches to ensure software trustworthiness. To enable the execution of complete cloud stacks, VITAMIN-V will port all necessary machine-dependent modules in relevant open-source cloud software distributions, focusing on three cloud setups. Finally, VITAMIN-V will demonstrate and benchmark these three cloud setups using relevant AI, big-data, and serverless applications. VITAMIN-V aims to match the software performance of its x86 equivalent while contributing to RISC-V open-source virtual environments, software validation, and cloud software suites.