Almost three million US dollars for Y42

Lisa Marie Münster Lisa Marie Münster | 23.03.2021

Once known for his Great Gatsby-style parties, Hung Dang has now founded his second company, Y42. Now his start-up has raised 2.9 million US dollars.

Berlin-based startup Y42 has raised $2.9 million in a seed funding round, Gründerszene

reports. Leading the round is venture capitalist La Famiglia. Also participating are the co-founders of Foodspring, Personio and Aeromobil, among others.

On the startup's website, founder Hung Dang writes: "The funding will help us continue to pursue our mission and further support our go-to-market strategy and product development." New features are planned to further support Y42's customers.

Y42 has developed a platform that allows customers to analyze and integrate their data from others such as Facebook Ads. Customers today include sustainable startup Everdrop and publicly traded telemedicine company Lifemd.

Founder Dang rose to fame by hosting a series of Great Gatsby-style parties. He started an events company and developed a global data platform for Eventim to analyze events. He reinvested the money from that into his new startup, Y42, formerly called Datos.


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