Daily news bulletin on German startups

Today’s top stories: Sevenload has become an official partner for Sony Bravia products; Investment Bank Berlin is funding artists‘ web shop solution mygall; online lottery Tipp24 has suffered heavy but statistically unlikely losses after big lottery wins; and the translation engine Linguee has released three new language pairs.

Web TV channel Sevenload partners with Sony

 Web TV channel Sevenload partners with SonySevenload, the popular German web TV, video and photo social network, has become an official partner for all Sony products with a Bravia Internet Video function. From 11 August, over 100 Sevenload web TV channels will be available on almost all Sony home cinema products, including Bravia internet-enabled LCD TVs, Blu-ray players and home cinema systems.

IBB invests in mygall

IBB invests in mygallThe Investment Bank Berlin has invested an undisclosed amount in the artists‘ community website mygall. Mygall offers a complete web shop solution for artists, allowing them  to create an online gallery, print and frame their works, then offer them for sale on the site. The investment will be used to relocate the Leipzig-based company to Germany’s creative and cultural capital, Berlin.

Tipp24’s online lottery players win big

Tipp24 lottery players win bigThe online lottery business in Germany is flourishing at the moment, especially for the game participants. As reported on recentpoker.com, online lottery group Tipp24 suffered a colossal €11.7m win three months ago at a subsidiary, MyLotto24. The total amount paid out in the first half of 2010 exceeded the statistical average by €17.9m.

Linguee expands with new language pairs

Linguee introduces new language pairsLinguee, the online translation engine that works with the help of semantic text comparisons of content on the Web, is now offering three additional language pairs: English-Spanish, English-French and English-Portuguese . Founded by Gereon Frahling, who was recently interviewed by GS, Linguee is supported by Berlin early stage investor M10 and currently receives, according to its own statements, over half a million daily searches.