TECHNE INFINITI VENTURES
PRIVACY POLICY
Last Updated: September 2024
WE WILL POST ANY CHANGES TO THIS PRIVACY POLICY IN A NOTICE OF THE CHANGE AT THE BOTTOM OF OUR WEB PAGE WITH A HYPERLINK THERETO. PLEASE REGULARLY REVIEW THIS PRIVACY POLICY. NOTWITHSTANDING IF YOU CONTINUE TO USE OUR SERVICES, YOU ARE BOUND BY ANY CHANGES THAT WE MAKE TO THIS PRIVACY POLICY.
1.INTRODUCTION
Techne Infiniti Ventures (“Techne,” “we,” “us,” or “our”) respects the privacy of its Users (“User,” “your,” or “you”). This Privacy Policy (the “Privacy Policy”) explains how we collect, use, disclose, and safeguard your information when you use Techne’s website at https://techne.vc/home (the “Website”).
Techne is a venture capital firm focused on shaping the future of hospitality technology. Through direct investments, a venture studio, and growth acceleration programs, we collaborate with global entrepreneurs to create and scale next-gen hospitality solutions. Our expertise in both the technology and hospitality industries, along with our global presence in Silicon Valley, Amsterdam, and Mumbai, allows us to provide startups with financial support, mentorship, and access to an extensive network.
Techne is committed to protecting the privacy of its Users whose information is collected and stored while using Techne’s Website. This Privacy Policy is applicable to our Website and all services offered to the public.
The capitalized terms have the same meaning as ascribed in our Terms of Use[1] as applicable, unless otherwise noted here.
PLEASE READ THIS PRIVACY POLICY CAREFULLY TO UNDERSTAND OUR POLICIES AND PRACTICES REGARDING YOUR INFORMATION AND HOW WE WILL TREAT IT. BY ACCESSING OR USING OUR WEBSITE, YOU AGREE TO ACCEPT ALL THE TERMS CONTAINED IN THIS PRIVACY POLICY AND ACKNOWLEDGE AND AGREE WITH THE PRACTICES DESCRIBED HEREIN. IF YOU DO NOT AGREE WITH THE TERMS OF THIS PRIVACY POLICY, PLEASE DO NOT ACCESS AND USE OUR WEBSITE.
IF YOU HAVE ANY QUESTIONS REGARDING THIS PRIVACY POLICY, PLEASE SEND US AN EMAIL AT PRIVACY@TECHNE.VC[2] .
WE DO NOT SELL YOUR PERSONAL INFORMATION, NOR DO WE INTEND TO DO SO.
2.TERRITORIAL RESTRICTION
Our Website is only available for use in the United States. Our Website is not available for use by residents of, visitors to, or your employees who reside in the European Union (collectively a “European”). If you are a European, please do not use our Website. If you are a resident of the United States (“US”), the laws of the State of Delaware, United States shall apply.[3] If you are a resident of any other country, please ensure compliance with all local laws prior to using our Website. You must comply with this Privacy Policy and our Terms of Use[4] and Terms of Service[5] , as applicable.
If you have any questions regarding this Section, please email us at privacy@techne.vc.
3.WHAT INFORMATION DO WE COLLECT?
When you register to use our Website, we collect personal information (also referred to as personally identifiable information or “PII”) which may include your name, address, online contact information such as your email address or username, phone number, and other personal information. The information so collected will be stored on our servers. You are able to change your personal information via email by contacting us at privacy@techne.vc.
a. Geolocation and Equipment Information. We may collect information that does not personally identify you such as (i) your geolocation, and (ii) information about your internet connection, the equipment you use to access our Website, and usage details.
b. Financial Information. We currently do not collect or store any credit cards or bank information. However, we will update this Privacy Policy when we start using and storing such information. We will also inform you via reasonable means if we start collecting such information from you.
4.HOW DO WE COLLECT INFORMATION?
We collect personal information from you in the following ways:
a. At registration on our Website;
b. In email, text, and other electronic messages between you and our Website;
c. Through mobile and desktop applications your downloads from our Website, which provides dedicated non-browser based interaction between you and our Website;
d. When you interact with our advertising and applications on third-party website and services, if those applications or advertising include a link to this Privacy Policy;
e. When you subscribe to a newsletter;
f. From your responses to a survey;
g. From forms filled out by you;
h. From records or copies of correspondences (including email addresses) if you contact us;
i. From search queries on our Website; and
j. When you post information to be published or displayed on our Website.
We collect information from you automatically when you navigate through our Website in the following ways:
5.HOW DO WE USE YOUR INFORMATION?
We use the information that you provide to:
a. Provide you with information, products, or services requested from us;
b. Present our Website and their contents to you;
c. Provide you with notices about account and/or subscription, including expiration and renewal notices;
d. Notify you about changes to our Website and any products or services;
e. Allow you to participate in interactive features on our Website;
f. Improve the Website;
g. Improve our customer service;
h. Administer contests, promotions, and surveys or other Website features;
i. Process transactions;
j. Anonymize data and aggregate data for statistics;
k. Contact you for other purposes with your consent;
l. Contact you about our products and services that may be of interest;
m. Contact you about third parties’ goods and services;
n. Enable the display of advertisements to our advertisers’ target audiences, although personal information is not shared with advertisers without your consent; and
o. Send you periodic emails, in accordance with the CAN-SPAM Act of 2003 as detailed in Section 16, via the email address provided by you to (i) send information, respond to inquiries, and/or other requests or questions; (ii) process orders and send information and updates pertaining to such orders; (iii) send additional information related to your product and/or service; and (iv) market to our mailing list or continue to send email to you after the original transaction has occurred.
6.OUR COOKIE POLICY
Cookies are small pieces of text used to store information on web browsers. Cookies are used to store and receive identifiers and other information on computers, phones, and other devices. Other technologies, including data we store on your web browser or device, identifiers associated with your device, and other software, are used for similar purposes. In this Privacy Policy, we refer to all of these technologies as “Cookies.”
We use Cookies on our Website to (a) help remember and process items in the shopping cart, (b) understand and save your preferences for future visits, (c) keep track of advertisements, (d) compile aggregate data about site traffic and site interactions in order to offer better site experiences and tools in the future, and (e) allow trusted third-party services that track this information on our behalf. You can set your browser to refuse all or some browser Cookies, but it may affect your user experience. We honor Do Not Track signals and, if one is in place, we will not track, plant cookies, or use advertising.
We allow third party behavioral tracking and links to third-party web pages. Occasionally, at our discretion, we may include or offer third-party products or services on our Website. These third-party sites have separate and independent privacy policies. We, therefore, have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our Website and welcome any feedback at about these sites. Please contact us at privacy@techne.vc.
7.HOW DO WE PROTECT INFORMATION WE COLLECT?
Our Website are reasonably scanned to meet or exceed PCI Compliance. Our Website receive regular security scans and penetration tests. Our Website also receive regular malware scans. In addition, our Website use an SSL certificate as an added security measure. We require username and passwords for our employees who can access your personal information that we store and/or process on our Platform and servers. In addition, we actively prevent third parties from getting access to your personal information that we store and/or process on our Platform and servers. We accept payment by credit card through a third party credit card processor on our behalf. We will implement reasonable security measures every time you (a) place an order, or (b) enter, submit, or access your information, (c) register, or (d) access our Platform, on our Website.
8.DATA SECURITY MEASURES.
9.DISCLOSURE OF PERSONAL INFORMATION
There are times when we may share Personal Information that you have shared with us may be shared by Techne with others to enable us to provide you over Services, including contractors, service providers, and third parties (“Partners”). This section discusses only how Techne may share such information with Partners. We will ensure that our Partners protect your Personal Information. The following describe how and with whom we may share your Personal Information:
Disclosure of Personal Information.
Other Disclosure of Personal Information.
a. We will disclose personal information (i) to comply with any court order, law, or legal process, including to respond to any government or regulatory request, (ii) to enforce or apply our Terms of Use[6] and other agreements, including for billing and collection purposes, (iii) if we believe it is necessary or appropriate to protect the rights, property, or safety of Techne, our customers or others, and/or (iv) if it is necessary or appropriate to protect the rights, property, or safety of Techne, our customers, or others, and this includes exchanging information with other companies and organizations for the purposes of fraud protection and credit risk reduction.
Third Party Disclosure.
Choices Users Have About How Techne Uses and Discloses Information.
a. Tracking Technologies and Advertising. You can set their browser to refuse some or all the browser cookies, but if youdisable or refuse cookies, some parts of our Website may not be accessible or function properly.
b. Disclosure of Users’ Information for Third-Party Advertising. Users can opt-out by (i) checking the relevant form when we collect the data; (ii) logging into the Website and adjusting their preferences in their account profile by checking or unchecking the relevant boxes, or (iii) emailing us their opt-out request at privacy@techne.vc. Users receiving promotional email can opt-out by sending a return email requesting to be omitted from future promotional email distributions. This opt-out will not apply to information provided by Techne for product purchases, warranty registration, or other transactions.
c. Disclosure of User’s Information for Targeted Advertising. Users can opt-out by (i) checking the relevant form when we collect the data, (ii) logging into the Website and adjusting their preferences in their account profile by checking or unchecking the relevant boxes, or (iii) emailing us their opt-out request at privacy@techne.vc.
10.GOOGLE ADSENSE AND GOOGLE ANALYTICS
Google, as a third-party vendor, uses Cookies to serve advertisements to Users on our Website. Google uses first-party Cookies, such as Google Analytics Cookies, to compile data regarding User interactions with ad impressions and other ad service functions as they relate to our Platform. We currently use Google Analytics to collect and process certain Website usage data. To learn more about Google Analytics and how to opt-out, please visit https://policies.google.com/privacy/google-partners.
We have implemented advertising features on our Website including: (a) remarketing with Google AdSense; (b) Google Display Network Impression Reporting; (c) Google Demographics and Interests Reporting; and (d) Google’s DoubleClick platform integration.
We use these Cookies to compile data regarding User interactions with ad impressions and other ad service functions as they relate to our Website.
11.FOR OUR EUROPEAN CUSTOMERS AND VISITORS
We are headquartered in the United States. Most of the operations are located in the United States and India. Your Personal Information, which you give to us during registration or use of our Website, may be accessed by or transferred to us in the United States. If you are visiting our Web site or registering for our Services from outside the United States, be aware that your Personal Information may be transferred to, stored, and processed in the United States. Our servers or our third-party hosting services partners are located in the United States. By using our site, you consent to any transfer of your Personal Information out of Europe, UK, or Switzerland for processing in the US or other countries.
● If you are a resident of or a visitor to Europe, you have certain rights with respect to the processing of your Personal Data, as defined in the General Data Protection Regulation (“GDPR”).
● Please note that in some circumstances, we may ask you to provide us with additional information in connection with your request, which may be Personal Data, for example, if we need to verify your identity or the nature of your request.
● In such situations, however, we will still respond to let you know of our decision.
● As used herein, “Personal Data” means any information that identifies you as an individual, such as name, address, email address, IP address, phone number, business address, business title, business email address, company, etc.
a. Rights of Data Subjects. To make any of the following requests, with respect to this Privacy Policy, our Terms or Use, and/or Personal Data, please contact us via email at privacy@techne.vc.
12.FOR OUR CANADIAN USERS
This Section supplements the information contained in our Privacy Policy above and applies solely to all visitors, users, and others to our Website, who reside in Canada (“consumers” or “you”). We ensure with the Personal Information Protection and Electronics Document Act of 2000 (“PIPEDA”) and any terms defined in the PIPEDA have the same meaning when used in this Section.
13.YOUR CALIFORNIA PRIVACY RIGHTS
Techne does not sell, trade, or otherwise transfer to outside third parties your “Personal Information” as the term is defined under the California Civil Code Section § 1798.82(h). Additionally, California Civil Code Section § 1798.83 permits Users of our Website that are California residents to request certain information regarding our disclosure of their Personal Information to third parties for their direct marketing purposes. To make a request for such disclosure, or identification and/or deletion of Personal Information in all our systems that we store on you, please send an email to privacy@techne.vc.
Note that (i) if we delete your Personal Information as requested, we will no longer be able to provide our services to you and (ii) we may need to keep such Personal Information for a while during the shutting down and billing process. If you would like to discuss our Personal Information storage and processing process with us, please send us an email at privacy@techne.vc.
14.CALIFORNIA CONSUMER PRIVACY ACT
This Section supplements the information contained in our Privacy Policy above and applies solely to all visitors, users, and others to our Website, who reside in the State of California (“consumers” or “you”). We adopt this Section to comply with the California Consumer Privacy Act of 2018 (“CCPA”) and any terms defined in the CCPA have the same meaning when used in this Section.
We require such Personal Information to be able to provide to you our Services.
Unless otherwise specified, we only collect Personal Information from you. We do not use others to provide us with your Personal Information.
(i) Deny you goods or services.
(ii) Charge you different prices or rates for goods or services, including through granting discounts or other benefits, or imposing penalties.
(iii) Provide you a different level or quality of goods or services.
(iv) Suggest that you may receive a different price or rate for goods or services or a different level or quality of goods or services.
15.COPPA COMPLIANCE (FOR CHILDREN UNDER 13 USERS ONLY)
The Children’s Online Privacy Protection Act (“COPPA”) is a federal legislation that applies to entities that collect and store “Personal Information,” as the term is defined under COPPA, from children under the age of 13. We are committed to ensure compliance with COPPA. Our Website are not meant for use by children under the age of 13. Our Website do not target children under the age of 13, but we do not age-screen or otherwise prevent the collection, use, and personal disclosure of persons identified as under 13. If you would like to know more about our practices and specifically our practices in relation to COPPA compliance, please email us at privacy@techne.vc.
IF YOU ARE UNDER 13, PLEASE DO NOT ACCESS OR USE OUR Website.
16.CAN-SPAM ACT OF 2003
The CAN-SPAM Act establishes requirements for commercial messages, gives recipients the right to have businesses stop emailing them, and spells out penalties for violations. Per the CAN-SPAM Act, we will:
a. not use false or misleading subjects or email addresses;
b. identify the email message as an advertisement in some reasonable way;
c. include the physical address of Techne, which is 20370 Town Center Lane, Suite 150, Cupertino, California 95014 ;
d. monitor third-party email marketing services for compliance, if one is used;
e. honor opt-out/unsubscribe requests quickly; and
f. give an “opt-out” or “unsubscribe” option.
If you wish to opt out of email marketing, follow the instructions at the bottom of each email or contact us at privacy@techne.vc and we will promptly remove you from all future marketing correspondences.
17.MODIFICATIONS TO OUR PRIVACY POLICY
We will post any changes to this Privacy Policy in a notice of the change at the bottom of our web page with a hyperlink thereto. We will also send you an email describing such changes. Please regularly review this Privacy Policy. Notwithstanding if you continue to use our services, you are bound by any changes that we make to this Privacy Policy.
18.LIST OF THIRD-PARTY SERVICE PROVIDERS
Techne uses the following third-party service providers for the provision of services as detailed under the Terms of Use[7] or Terms of Service[8] , as applicable
Name of Third-Party Service Provider[9]
Contact Information
Amazon Web Services Inc. (North Virginia, US)
Website: https://aws.amazon.com/premiumsupport/knowledge-center/aws-phone-support/
Address: 410 Terry Avenue North, Seattle, WA 98109-5210
Google Cloud
Website: www.support@google.com
Telephone: (855) 817-0841
Microsoft Azure
Website: https://support.microsoft.com/en-us/contactus/
Address: 1 Microsoft Way, Redmond, WA 98052-6399
Additionally, if you have any questions or concerns about our third-party service providers, please email us at privacy@techne.vc.
19.COPYRIGHT INFRINGEMENT/DMCA NOTICE
If you believe that any content on our Website violates your copyright, and you wish to have the allegedly infringing material removed, the following information in the form of a written notification (pursuant to the Digital Millennium Copyright Act of 1998 (“DMCA Takedown Notice”)) must be provided to our designated Copyright Agent.
Techne’s Copyright Agent to receive DMCA Takedown Notices is Anjali Arora, at privacy@techne.vc and at Techne, Attn: DMCA Notice, 20370 Town Center Lane, Suite 150, Cupertino, California 95014. You acknowledge that for us to be authorized to take down any content, your DMCA Takedown Notice must comply with all the requirements of this Section. Please note that, pursuant to 17 U.S.C. § 512(f), any misrepresentation of material fact (falsities) in a written notification automatically subjects the complaining party to liability for any damages, costs and attorney’s fees incurred by Techne in connection with the written notification and allegation of copyright infringement.
20.ANTI-BRIBERY COMPLIANCE
Techne represents and warrants that it is fully aware of and will comply with, and in the performance of its obligations hereunder will not take any action or omit to take any action that would cause it or its customers to be in violation of, (i) U.S. Foreign Corrupt Practices Act, (ii) U.K. Anti-Bribery Act, (iii) India Prevention of Corruption Act of 1988, or (iv) any other applicable anti-bribery statutes and regulations, and (v) any regulations promulgated under any such laws. Company represents and warrants that neither it nor any of its employees, officers, or directors is an official or employee of any government (or any department, agency or instrumentality of any government), political party, state owned enterprise or a public international organization such as the United Nations, or a representative or any such person (each, an “Official”). Company further represents and warrants that, to its knowledge, neither it nor any of the Supplier Personnel has offered, promised, made or authorized to be made, or provided any contribution, thing of value or gift, or any other type of payment to, or for the private use of, directly or indirectly, any Official for the purpose of influencing or inducing any act or decision of the Official to secure an improper advantage in connection with, or in any way relating to, (A) any government authorization or approval involving Techne,, or (B) the obtaining or retention of business by Techne. Supplier further represents and warrants that it will not in the future offer, promise, make or otherwise allow to be made or provide any payment and that it will take all lawful and necessary actions to ensure that no payment is promised, made or provided in the future by any of the Supplier Personnel.
21.CONTACT US
To ask questions or comment about this Privacy Policy and our privacy practices, contact us at:
- Privacy Officer
- Email: privacy@techne.vc
- Address: Techne, 20370 Town Center Lane, Suite 150, Cupertino, California 95014
PLEASE NOTE: IF YOU USE OUR Website, YOU HAVE AGREED TO AND ACCEPTED THE PRACTICES DESCRIBED IN THIS PRIVACY POLICY AND THE TERMS AND CONDITIONS SET FORTH IN OUR TERMS OF USE[10] OR OUR TERMS OF SERVICE[11] , AS APPLICABLE. IF YOU DO NOT AGREE WITH THE TERMS OF THIS PRIVACY POLICY OR OUR TERMS OF SERVICE, PLEASE DO NOT USE OUR Website.
TECHNE INFINITI VENTURES
20370 Town Center Lane, Suite 150, Cupertino, California 95014
INFO@TECHNE.VC Copyright © 2022 Techne Infiniti Ventures ALL RIGHTS RESERVED
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