Privacy Policy

This Privacy Policy describes how Anchor Ventures processes personal data. Anchor Ventures processes personal data in accordance with applicable legislation, including the EU General Data Protection Regulation (GDPR) and other applicable national data protection legislation.

For what purposes does Anchor Ventures process your personal data?

“Personal data” means data that can be used to identify you or data that can otherwise be linked to you. In general, personal data processed by Anchor Ventures is collected directly from you.

As a part of daily operations, Anchor Ventures processes personal data for various purposes, which are described below:

  • Processing of personal data in relation to Anchor Ventures’ role as an active owner and development partner in partnerships between Anchor Ventures and platform companies.
  • Processing of personal data of investors for Anchor Ventures’ operational purposes and to comply with legal obligations.
  • Processing of personal data in relation to Anchor Ventures’ interest groups, such as sending business-related information and conducting possible partnership negotiations regarding potential investment opportunities. In addition, organizing various events may require the processing of personal data.
  • Personal data in Anchor Ventures’ recruitment register is processed for the purposes of hiring new employees.
  • Employee data is processed to fulfill Anchor Ventures’ duties as an employer.

When Anchor Ventures processes personal data, the processing is always based on some of the processing grounds defined in the GDPR which justify the processing of personal data.

Does Anchor Ventures’ website use cookies and what are they?

Cookies are small text files that are placed on a web user’s computer and are designed to hold a modest amount of data particular to a user and a website. Cookies give Anchor Ventures information on how users use the website.

If you do not wish to receive cookies, you may set your web browser to disable them. Please note that most browsers accept cookies automatically.

How may Anchor Ventures disclose or transfer personal data?

As a rule, Anchor Ventures does not disclose or transfer your personal data to third parties. However, in certain circumstances, Anchor Ventures may disclose your personal data to a third party, such as Anchor Ventures’s group companies, service providers or relevant authorities. If the personal data is disclosed Anchor Ventures has separately agreed with you on doing so or has made appropriate agreements with the service providers to ensure the proper processing of personal data.

In general, Anchor Ventures stores personal data within the EU and the European Economic Area. However personal data may be transferred to or accessed from countries outside the EU/EEA.

If the personal data is transferred outside the EU/EEA, the transfer will be made in accordance with applicable data protection legislation. Anchor Ventures will ensure an adequate level of data protection by using standard contractual clauses of the EU Commission and, where necessary, supplementary safeguards.‍

How long does Anchor Ventures store personal data?

Anchor Ventures securely stores your personal data like any other confidential information.

The retention time of the collected personal data depends on the basis and the purpose of the processing. The retention of the personal data may also be subject to explicit statutory requirement. Personal data is not kept longer than necessary for the purpose of processing.

What are your data protection rights?

Every data subject is entitled to the following:

  • Right of access – You have the right to request Anchor Ventures for copies of your personal data being processed.
  • Right to rectification – You have the right to demand the rectification of inaccurate personal data concerning them and to have incomplete personal data completed.
  • Right to erasure – You have the right to request Anchor Ventures to erase your personal data, under certain conditions.
  • Right to restrict data processing – You have the right to request Anchor Ventures to restrict the processing of your personal data, under certain conditions.
  • Right to data portability – You have the right to receive the personal data that you have provided to Anchor Ventures in a structured, commonly used, and machine-readable format and, if desired, transmit that data to another controller.
  • Right to object – You have the right to object Anchor Ventures processing of your personal data, under certain conditions.

If you believe that Anchor Ventures has not complied with the data protection regulations applicable to Anchor Ventures’s operations, you are entitled to make a complaint to the competent supervisory authority (Office of the Data Protection Ombudsman).

If you have any questions relating to Anchor Ventures’ Privacy Policy or you would like to exercise one of your data protection rights, please contact us at contact@anchor-ventures.com.

This Privacy Policy was last updated on 5 December 2023.