This is the Privacy Statement of Innovation Industries B.V. aimed at website visitors and business partners. This Privacy Statement provides information on the processing of personal data by Innovation Industries B.V., hereinafter Innovation Industries, II, we or us. The primary purpose of this Privacy Statement is to be a dynamic resource and business tool so that we can offer our services to you in the best possible way. We want you to feel secure when visiting our site and are committed to maintaining your privacy when doing so. This Privacy Statement may be changed over time. Changes to this Privacy Statement will be brought to your knowledge by appropriate means. The most up-to-date Privacy Statement is published on our website. This Privacy Statement was last changed in January 2022. If you are an investor in an Innovation Industries fund or an individual related to an investor in the fund and/or an individual related to an underlying beneficial owner being a legal entity, a separate privacy statement applies which can be found in the subscription agreement for the relevant Innovation Industries fund.
This Privacy Statement is applicable to the processing by Innovation Industries of all personal data of its website visitors, business partners and other individual with whom we have a commercial relationship (but no investor relationship, see above). This Privacy Statement does also not address the processing of personal data of job applicants.
Innovation Industries is the controller of the processing of all personal data that fall within the scope of this Privacy Statement. This Privacy Statement indicates what personal data are processed by Innovation Industries and for what purpose, and to which persons or entities the data will or may be provided
In the tables below, we explain what personal data about you we will process, for what purpose we process this personal data, what this purpose entails, on what legal basis we process your personal data and how long we retain your personal data for the purpose.
We also collect information through the use of cookies. Cookies are small files of information which save and retrieve information about your visit to this website – for example, how you entered our site, how you navigated through the site, and what information was of interest to you.
5.1 Access to your personal data within Innovation Industries.
We exchange your data for administrative purposes and so that we can have a complete overview of your contacts and contracts within Innovation Industries. We may also exchange your data to offer you a complete package of services and products. Innovation Industries employees are authorized to access personal data only to the extent necessary to serve the applicable purpose and to perform their jobs.
5.2 Access to your personal data by third parties.
The following third parties have access to your personal data, where relevant, for the provisioning of their products or services to Innovation Industries: - Banks - Insurance companies - IT suppliers - Service providers of Innovation Industries (such as marketing analytics service providers and marketing firms) - Accountants - Fund administrators and fund depositaries - Placement agents - Portfolio companies
When third parties are given access to your personal data, Innovation Industries will take the required contractual, technical and organizational measures to ensure that your personal data are only processed to the extent that such processing is necessary. The third parties will only process your personal data in accordance with applicable law.
5.3 The use of your personal data by processors.
When a third party processes your personal data solely following Innovation Industries instructions, it acts as a processor. We enter into an agreement with such a processor for the processing of personal data. In this agreement, we include obligations to ensure that your personal data are processed by the data processor solely to provide services to us.
5.4 International data transfers.
For the purposes listed above, your personal data may be transferred to any of the aforementioned recipients in any jurisdiction. Transfers of such data will be made to countries located in or outside of the European Economic Area (the EEA). Certain countries in which recipients may be located and to which personal data may be transferred may not have the same level of protection of personal data as the one afforded in the EEA. Personal data transferred to countries outside of the EEA will be protected by appropriate safeguards such as standard contractual clauses approved by the European Commission (and possibly required supplementary measures) and you may obtain a copy of such safeguards by contacting us using the contact details set out in section 8 below
Innovation Industries has taken adequate safeguards to ensure the confidentiality and security of your personal data. Innovation Industries has implemented appropriate technical, physical and organizational measures to protect personal data against accidental or unlawful destruction or accidental loss, damage, alteration, unauthorized disclosure or access as well as all other forms of unlawful processing (including, but not limited to, unnecessary collection) or further processing.
Under applicable data protection and privacy laws, you may have rights to:
- Access your personal data
You may ask us whether we process any personal data that relate to you. If this is the case, you may ask us to provide you with a copy of the personal data we process relating to you insofar as required by applicable data protection laws.
- Correct and erase your personal data
You may request us to correct any inaccurate personal data we process relating to you. Also, you may ask us to erase the personal data that relate to you if they are no longer necessary for the purposes for which we processed them, if you have withdrawn your consent and we do not have another legal ground for processing your personal data, if your personal data have been unlawfully processed, if your personal data have to be erased following applicable EU or EU member state laws, or if it concerns a child’s personal data processed in relation to offering online services.
- Request the restriction of processing
You may request the restriction of the processing of your personal data if you have contested the accuracy thereof, if the processing is unlawful and you prefer restriction over erasure, if we no longer need your personal data for a purpose but you need them for the establishment, exercise, or defense of legal claims, or while your exercised right to object is being reviewed.
- Object to processing your personal data
You may object to our processing of your personal data based on our legitimate interest. We will then no longer process your personal data for this purpose, unless we have an overriding legitimate interest to do so. You may also ask us to erase your personal data, unless there is an overriding legitimate interest for the processing. You may also opt out from processing your personal data for direct marketing purposes.
- Withdraw your consent to processing your personal data
You may withdraw your consent to the processing of your personal data (where Innovation Industries is processing your personal information based on your consent).
- Data portability
You may request receipt or transmission to another organization, in a machine-readable form, of the personal information that you have provided to Innovation Industries.
- Lodge a complaint with supervisory authority
If you feel that we do not comply with the applicable privacy laws, you have the right to lodge a complaint with the Dutch Data Protection Authority (Autoriteit Persoonsgegevens) or any other relevant data protection authority.
If you have any questions regarding the processing of your personal data, or would like to send a request relating to any of your data protection rights, please contact Innovation Industries at info@innovationindustries.com.
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