Series Y refers to a specific category of financial instruments or investment rounds typically used by startups to raise capital. This series often follows Series A and Series B funding rounds, allowing companies to secure additional resources for growth and expansion. Investors in Series Y may include venture capital firms, angel investors, or institutional investors, who are looking for promising opportunities in emerging markets. The funds raised can be utilized for various purposes, such as product development, marketing, or scaling operations, ultimately aiming to increase the company's valuation and market presence.