Additionally, BYL Ventures has invested in Candy Funhouse, an influencer-driven online candy brand.

This initiative reflects a growing trend of professional athletes entering the venture capital space, fueled by their increasing earnings.

Despite his new venture, Antetokounmpo continues to excel on the basketball court, recently scoring 41 points in a game against the Chicago Bulls.

Antetokounmpo intends to leverage his extensive network to connect these entrepreneurs with potential investors.

BYL Ventures will also serve as an incubator, providing mentorship and operational guidance to selected companies.

Founders in the incubation program will receive tailored growth plans and resources to enhance their business strategies.

Giannis Antetokounmpo has launched Build Your Legacy Ventures, a venture capital fund aimed at supporting early-stage startups in sports, entertainment, and technology.

The fund is designed to assist entrepreneurs who have faced barriers, promoting their growth and success through strategic partnerships.

The fund has already made its first investments, including a stake in Unrivaled, a new women's 3-on-3 basketball league set to launch in January 2025.

Tashi Nakanishi, a general partner at BYL Ventures, emphasizes the firm's commitment to empowering diverse entrepreneurs.

He is currently averaging a career-high 32.1 points per game this season for the Milwaukee Bucks.

Antetokounmpo's entrepreneurial efforts also include the earlier launch of Improbable Media, a film production company, showcasing his dedication to fostering innovation.