Björk has partnered with a Reykjavik-based venture capital firm to set up a fund that will invest in socially and environmentally responsible companies that will help repair Iceland’s beat-up economy.
The Icelandic singer launched the venture fund with Audur Capital, which has put down the initial investment of 100 million Iceland kronur ($826,000) and is seeking investors to participate in the fund until March 2009.
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