U.K.-based media investment and advisory group firm Ingenious has backed Australian singer Sia Furler's new album by the tune of slightly more than £1 million ($2 million), through its venture capital trust (VCT) 2.

The album, entitled "Some People Have Real Problems," will be released on Jan. 8, 2008, to coincide with the singer's European and American tours.

Jimmy Hogarth (James Blunt, Amy Winehouse, KT Tunstall) is producing the set, the artist's third.

Furler, who records under the name Sia, release her first album "Healing Is Difficult" in 2000 through Sony BMG sublabel DancePool, and followed up with "Colour the Small One" in 2004, through Universal Music Group label Go! Beat Records.

Furler also lent vocals on tracks "Destiny" and "Distractions," taken from electronic act Zero 7's critically acclaimed debut album "Simple Things," released 2001 through Ultimate Dilemma in the U.K. She also collaborated on Zero 7's follow-up, "Simple Things."

In a statement issued today to unveiled the new deal, Tim Clark, co-founder of the Furler's management firm IE Music, commented, "We are delighted to be working with Ingenious again, one of the most forward thinking companies in their field."

He added, "With their help, Sia will continue to build on her already outstanding career as one of the most compelling, indeed, irresistible artistes of her time."

The pact involves financing via a joint venture with IE Three Ltd, a division of IE Music, through its company Monkey Puzzle Records Ltd.

"This deal," says Duncan Reid, commercial director of Ingenious, "underlines Ingenious' commitment to working with promising artistes and helping them exploit their commercial success."