When taking a glimpse at Gabrielle Union’s portfolio energy, it may signal that she is currently busy building a business empire.
For her most recent investment, the actress has joined the likes of Serena Williams, Uzo Aduba, and Candace Parker for what Sportico deems as “one of the most celebrity-filled ownership groups in all of pro sports.”
According to a press release, Union is now a part of Angel City Football Club as it has announced the raise of a Series A funding round. And, her daughter Kaavia James Union Wade is also named as an investor, which ESPN reports, makes the three-year-old the youngest owner in professional sports.
Extending a sincere welcome to our newest investors. Thank you for supporting our purpose and aligning with our mission. We're so excited that you are part of the ACFC familia! 🤍 read more: https://t.co/0wscRtnq8e pic.twitter.com/Z6WREbd53a
— Angel City FC (@weareangelcity) February 16, 2022
The funding round included participation from Alexis Ohanian’s venture capital firm, Seven Seven Six, Initialized Capital, existing owners, and new investors, according to a press release.
The news of the funding comes in before Angel City’s debut game for the 2022 season, ESPN reports.
Gabrielle Union's Investments
Based on previous reports by AfroTech, Gabrielle Union is clearly no stranger to the world of business. Her endeavors include a baby skincare brand, a haircare line, and even a clothing company with her husband Dwyane Wade and Kaavia James.
The Wade family launched a spring 2022 collection for Janie and Jack, as previously reported by AfroTech. The new line is inspired by the one and only Kaavia herself.
“We are such fans of Janie and Jack and are thrilled to be partnering with them on this collection,” said Gabrielle and Dwyane, according to a press release. “The colors and patterns perfectly encapsulate the personality of our ‘Shady Baby’ Kaavia James and we cannot wait to share it with the world!”