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We Are Nations launches Nations Ventures

Esports merchandising company We Are Nations has announced the formation of Nations Ventures, an investment vehicle for esports. Nations Ventures will invest in early-stage companies that don’t compete with the core business of We Are Nations. Image credit: Nations VenturesRELATED: Aim Lab parent Statespace raises $15M in Series A The venture aims to “provide opportunities for collaboration, product and marketing enhancement and other economies of scale. ” It’s majority-owned by We Are Nations with other ownership coming from existing and new investors in the merchandising company. Patrick Mahoney, CEO of We Are Nations, spoke on the venture in a release: “Nations Ventures seemed like a smart next step for We Are Nations. Like I’m sure everyone else has been doing since the start of the COVID-19 crisis, I’ve spent a lot more time on calls talking to people a bit more outside my normal orbit than usual.

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