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Startups & Business INDEPENDENT REPORTS

Belgium’s NewSchool VC closes maiden fund at €10 million to back B2B technology startups

Confirmed by independent reporting: at least two independent news organisations reported this. It has not been officially confirmed by the organisations involved.

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What happened

NewSchool VC, a Belgium-based venture capital fund that invests in B2B pre-Seed technology companies, has closed its first fund at its €10 million target. Notable names in its portfolio that have since raised follow-on rounds are Ravical, Warren, Spotable and Donna.

These include Willem Delbaere and Roeland Delrue (Aikido Security), Jean-Louis Van Houwe (Monizze) and Luc Coopman (Cobofisk). It has made 32 investments to date, 75% of which are based in Belgium, with the remainder spread across Germany, the Netherlands, Norway, Spain, Switzerland, France, and the United Kingdom. “Europe is an engineer’s continent, with technically strong teams.

Sources & evidence