NewSchool raises $11M debut venture fund backed by Aikido, United Petfood leaders

What's the deal? NewSchoolDealroom has a profile for this one. Try Dealroom →, a venture capital firm based in Knokke-Heist, Belgium, has raised €10 million for its debut fund, NewSchool VC. Backers include founder Christophe Morbee, executives from cybersecurity startup AikidoDealroom has a profile for this one. Try Dealroom →, and Dominiek Dumoulin, the entrepreneur behind United PetfoodDealroom has a profile for this one. Try Dealroom →.

Who's backing it? The fund draws on a group of operators rather than institutional money. Alongside Morbee, its limited partners include senior figures from Aikido and Dumoulin, whose company United Petfood is one of Europe's largest pet food producers.

The signal: Founder- and operator-backed funds are increasingly common in Europe, where successful entrepreneurs recycle capital and expertise into early-stage bets. NewSchool's €10 million debut adds another such vehicle to Belgium's startup scene.

Read more: tijd.be

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