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Published on January 5th, 2009 | by Jennifer Kho

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Move Over Gore: Bjork Becomes Newest Cleantech Celebrity VC

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January 5th, 2009 by
 

Think of Björk and the Icelandic musician’s bizarre videos, eccentric clothing and eclectic music might spring to mind. Now she’s bringing a new theme to her persona: money.

Reykjavik, Iceland-based Audur Capital is raising money for its second venture-capital fund, named Björk, focused on greentech startups (via Earth2Tech and The New York Times). The singer and Audur jointly established the fund to help turn around Iceland’s economy, which was crushed by the country’s banking collapse in the fall. Audur seeded the fund, expected to close in March, with an investment of 100 million Icelandic kronur (about $816,330).

Björk is the latest of a handful of celebrities to cross over into venture capitalism. Take Bono, lead singer for U2, who joined Elevation Partners in 2004, or Al Gore – admittedly more knowledgeable on environmental policy – who is a partner at both Kleiner Perkins Caulfield & Byers and Generation Investment Management.

Björk’s interest in nature and the environment is hardly new, and it goes beyond her morphing into a polar bear in her video for “Hunter,” wearing a swan dress at the Oscars or singing “Nature is Ancient.”

The musician joined the Nattura campaign to protect Iceland’s environment and spoke against Iceland’s aluminum industry, saying that smelting is damaging the country’s geothermal and other resources. She staged a concert to raise environmental awareness and teamed up with Radiohead’s Thom Yorke on a single called “Nattura” to benefit the nonprofit campaign.

But even given her interest in the environment, plenty of questions remain: What does Björk know about technology, the business of greentech or venture capital? Will her name and reputation be enough to attract successful startups to her namesake fund? And, finally, will her “Army of Me” be able to help environmentalists change “Human Behavior” for the better?

Image Credit – verapalsdottir via flickr.com on a Creative Commons license

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About the Author

-- With more than nine years of reporting experience, Jennifer Kho has been covering green technology since 2004, when she started the cleantech beat at Red Herring magazine. She wrote for Red Herring until 2007, when she helped launch the Greentech Media site as its founding editor. She left Greentech Media in November. Her stories have appeared in such publications as The Wall Street Journal, the Los Angeles Times, and TheStreet.com. She also regularly contributes to Earth2Tech.



  • Btok

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    Request that PM Harper DOES NOT sign the Copenhagen Treaty, thereby causing Canadians to lose their Sovereignty and Freedom, email the PM at: pm@pm.gc.ca

    Sign the petition to protest the Inaccurate Science measurements that are being used to base the Copenhagen Treaty off of: http://www.gopetition.com/online/32485.html

    Check out what Government is doing behind your back at: : http://www.youtube.com/watch?v=VebOTc-7shU

    Well, it seems Mr. Ehrlich ( another of Obama’s Eugenicist Science Czars who works with John Holdren ) will have his way with humanity if the Copenhagen Treaty will have success. There is your global system, with a globally enforceable mandate- at first to impose carbon taxes upon humanity- later on to do what the eugenicists have always called and planned for: the orderly extermination of at least 80 percent of the global population.

    Btok

  • Btok

    Check out the Copenhagen Document leaks, this knowledge may save your life! Do what you can with your Government Reps in your country to have these infringements on your life eliminated! You will literally be fighting for your and your family’s existence, Click the videos below:

    http://www.youtube.com/watch?v=dAqqAnUxACY

    http://www.youtube.com/watch?v=94KH-WMZuw0

    Request that PM Harper DOES NOT sign the Copenhagen Treaty, thereby causing Canadians to lose their Sovereignty and Freedom, email the PM at: pm@pm.gc.ca

    Sign the petition to protest the Inaccurate Science measurements that are being used to base the Copenhagen Treaty off of: http://www.gopetition.com/online/32485.html

    Check out what Government is doing behind your back at: : http://www.youtube.com/watch?v=VebOTc-7shU

    Well, it seems Mr. Ehrlich ( another of Obama’s Eugenicist Science Czars who works with John Holdren ) will have his way with humanity if the Copenhagen Treaty will have success. There is your global system, with a globally enforceable mandate- at first to impose carbon taxes upon humanity- later on to do what the eugenicists have always called and planned for: the orderly extermination of at least 80 percent of the global population.

    Btok

  • http://www.bjork.cz Tomek

    It’s Audur Capital, not Andur..

  • http://www.bjork.cz Tomek

    It’s Audur Capital, not Andur..

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