Berlin — A YPOG team led by part­ner Benja­min Ullrich advi­sed Atomico and Insight Part­ners on their invest­ment in Berlin-based data startup Y42. The $31 million Series A finan­cing round was co-led by YPOG’s clients, venture capi­tal firm Atomico and New York-based private equity and venture capi­tal inves­tor Insight Part­ners. Atomico part­ner Irina Haivas will join Y42’s board as part of the invest­ment. In addi­tion, La Fami­glia and Data Commu­nity Fund parti­ci­pa­ted in the finan­cing round.

Y42 (form­erly Datos Intel­li­gence) was foun­ded in 2020 in Berlin by Hung Dang, who had previously deve­lo­ped a global data plat­form for publicly traded company CTS Even­tim. It’s a scalable data plat­form that anyone can use, unify­ing the entire data life­cy­cle from data source to dash­board in one cloud solu­tion. Y42 connects to the exis­ting data warehouse and allows even users without programming skills to inte­grate hundreds of data sources and build a scalable BI infra­struc­ture. The company plans to use the raised capi­tal to further acce­le­rate the deve­lo­p­ment of its plat­form, expand its custo­mer base and grow its team.

Advisor:inside Atomico and Insight Part­ners: YPOG
Dr. Benja­min Ullrich (Lead Partner/Transactions), Partner
Emma Peters (Tran­sac­tions), Senior Associate
Dr. Bene­dikt Flöter (IP/IT), Senior Associate
Chris­tiane Schnitz­ler (Tran­sac­tions), Associate

Part­ners of the firm had previously advi­sed Atomico and Insight Part­ners on invest­ments in Germany and Austria, respectively.

About Y42
Foun­ded in 2020 and based in Berlin, Y42 (form­erly known as Datos-Intel­li­gence) is deve­lo­ping a data plat­form that enables any busi­ness to harness the power of data effi­ci­ently and colla­bo­ra­tively. Foun­der Hung Dang star­ted the company after expe­ri­ence in start­ups and data consul­ting, where he repea­tedly encoun­te­red compa­nies suffe­ring from the same data problems. The Y42 team is working to deve­lop an indus­try-agno­stic data plat­form that solves the problems of mana­ging complex data stacks once and for all.

About Atomico
Atomico invests in emer­ging tech foun­ders in Series A and beyond, with a parti­cu­lar focus on Europe, lever­aging its exten­sive opera­tio­nal expe­ri­ence to acce­le­rate their growth. Atomico was foun­ded in 2006 and has since worked with over 100 ambi­tious teams — inclu­ding those at Klarna, Super­cell, Graph­core, Compass, Messa­ge­Bird, Master­class, Atten­tive Mobile, Pipedrive and Hinge Health. Atomico’s team of foun­ders, inves­tors and opera­tio­nal leaders has been respon­si­ble for global expan­sion, talent acqui­si­tion and marke­ting at compa­nies ranging from Skype and Google to Twit­ter and Uber. The company curr­ently mana­ges $4 billion in assets.

About Insight Partners
Insight Part­ners is a leading global venture capi­tal and private equity firm inves­t­ing in high-growth tech­no­logy and soft­ware scaleup compa­nies that are driving trans­for­ma­tive change in their indus­tries. Foun­ded in 1995, Insight Part­ners has inves­ted in more than 400 compa­nies world­wide and has recei­ved more than $30 billion in capi­tal commit­ments through a number of funds. Insight’s mission is to find, fund and successfully part­ner with visio­nary leaders by provi­ding them with prac­ti­cal, real-world soft­ware exper­tise to drive their long-term success. Through its people and port­fo­lio, Insight fosters a culture based on the belief that scaleup and growth create oppor­tu­ni­ties for all.

About YPOG
YPOG is a specia­list tax and commer­cial law firm, opera­ting in the core areas of corpo­rate, funds, liti­ga­tion, tax, tran­sac­tions, IT/IP and nota­rial services. The YPOG team advi­ses a wide variety of clients. These include emer­ging tech­no­logy compa­nies and family-run medium-sized enter­pri­ses as well as corpo­ra­ti­ons and private equity/venture capi­tal funds. YPOG is one of the leading addres­ses for venture capi­tal, private equity and fund struc­tu­ring in Germany. Today, YPOG employs more than 70 expe­ri­en­ced lawy­ers, tax advi­sors, tax specia­lists and a notary in three offices in Berlin, Hamburg and Colo­gne. www.ypog.law as well as www.linkedin.com/company/ypog.