Pre-seed and seed B2B founders pay with dilution for one thing: fast conviction and hands-on help with go-to-market basics when there is not yet enough data for traditional underwriting. NewSchool VC is positioning itself as that early cheque and operator-style support layer.
Belgium-based NewSchool VC has closed its debut fund, NewSchool Fund, at EUR 10 million, according to EU-Startups. The vehicle reached its target following a EUR 6.1 million first close announced last September.
A small fund, built for high-velocity deployment
NewSchool VC is described as a solo-GP, first-fund operator founded in 2025 by Christophe Morbee. The fund focuses on pre-seed and seed B2B technology companies across Europe, a segment that remains crowded and competitive, with many startups chasing a limited pool of early-stage lead investors.
What stands out is pace. The firm has already made 32 investments, with three more reported to be in the pipeline. For a EUR 10 million vehicle, that points to a deliberate strategy: smaller initial tickets, broad portfolio coverage, and an emphasis on rapid iteration rather than concentrated ownership.
This approach tends to work when a manager has a repeatable sourcing engine and a clear view on what founders need right after incorporation, typically customer discovery, early pipeline building, hiring the first sales and marketing roles, and tightening the product for a specific workflow. It also creates an operational burden: a wide portfolio demands a scalable support model or crisp boundaries on engagement.
Belgium as the anchor market, Europe as the opportunity set
Around 75% of the fund’s capital is allocated to Belgium, with the remainder spread across other European countries. Coverage highlights activity across Germany, France, the Netherlands, Norway, Spain, Switzerland, and the UK, reinforcing a model where Belgium is the base but not the limit.
That capital allocation matters for founders and co-investors. A Belgium-heavy mandate can make NewSchool VC a consistent early-stage partner domestically, while still giving it room to follow founder networks and category opportunities across Europe.
Market signal: disciplined micro-funds still have a role
The close is consistent with a broader, with-trend pattern in European venture: smaller, focused funds can still get built when they offer speed, specialization, and credible operator judgment. In early-stage B2B, where product-market fit is often validated through a few reference customers rather than large datasets, founders value investors who can help translate product into a sellable motion.
At the same time, micro-funds face structural constraints. With limited reserves, they must be selective about follow-ons, lean on co-investors for larger rounds, and manage ownership dilution across many positions. The flip side is that high-velocity deployment can create strong option value if a few companies break out and the fund has enough pro-rata access.
NewSchool VC’s already-active portfolio suggests it is optimizing for breadth and learning speed, which can be a rational play in competitive pre-seed and seed markets where entry prices are lower but outcomes are highly skewed.
What this enables
- Faster access to first-cheque capital for Belgium-based B2B startups
- A higher volume of pre-seed and seed deals with smaller initial tickets
- More cross-border syndication opportunities, given the fund’s multi-country footprint
What to watch
- Average cheque size and reserve strategy for follow-on rounds
- Whether the fund can maintain support quality across a large number of portfolio companies
- The mix of Belgium versus rest-of-Europe deployments in practice
- Syndication patterns: which seed and Series A funds repeatedly co-invest