Jay-Z now investing in compostable phone cases

Jay-Z now investing in compostable phone cases

Jay-Z’s investment portfolio is surprisingly … hippie.


Over the summer, we reported that the rap mogul had bought into Hipcamp, the “Airbnb of camping.”


Now we’re told that Hova’s Marcy Venture Partners has also invested in a company that makes “100 percent compostable phone cases.”


We’re told the brand, Pela, just closed a $5 million round of funding. The cases cost $30 to $50.