Seedcamp, a UK-based fund and competition for technology start-ups in Europe, has raised €2m ($2.6m) for its second fund from limited partners including the corporate venturing units of publishers Reed Elsevier and Bertelsmann.

The latest capital raising effort follows €3m in commitments last year to the second fund and Seedcamp typically take 8% to 10% in start-ups in return for €50,000.

Seedcamp has also struck partnerships with 500 Startups, a US start-up incubator, and AngelList, a network that connects angel…

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