NewSchool VC Closes €10 Mn Fund to Back Early-Stage B2B Tech Startups

The fund is backed by around 50 investors, including six family offices such as The Millers Office. Several Belgian entrepreneurs have also invested in the fund. These include Willem Delbaere and Roeland Delrue of Aikido Security, Jean-Louis Van Houwe of Monizze, and Luc Coopman of Cobofisk.

NewSchool VC founder Christophe Morbee has also invested in the fund. He contributed 25% of the total fund himself. The firm focuses on supporting technology startups at the early stages of their growth.

NewSchool mainly invests in pre-seed and seed-stage B2B technology companies. So far, the fund has made 32 investments, with three more deals in the pipeline. Around 75% of its investments are in Belgium, while the rest are spread across Germany, the Netherlands, Norway, Spain, Switzerland, France, and the UK.

"NewSchool combines capital with support in areas including go-to-market, sales and storytelling, with a focus on technology companies looking to automate established industries. Europe is an engineer's continent, with technically strong teams. What's often missing is someone who takes charge of go-to-market, sales and storytelling. That's where we focus, alongside the capital we provide. There's still enormous room to automate old industries. We see plenty of opportunity there for the years ahead, "said Morbee.

Christophe Morbee founded NewSchool VC after spending several years investing in startups as an angel investor. He is also the CEO of Belgian payroll and HR company besox, which has around 110 employees and 4,000 SME clients.

NewSchool uses besox’s business network to help its portfolio companies connect with potential customers. This gives the startups opportunities to build new business relationships and find customers.

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