Privacy Notice

This notice explains how Neqst processes personal data in connection with this website, correspondence sent to us, and our investment activities. It applies to visitors to neqst.se, people who contact us, and representatives of companies, investors, advisers and other parties with whom we are in dialogue.

Controller

Neqst Services AB, Swedish organisation number 556877-8020, Birger Jarlsgatan 9, 111 45 Stockholm, Sweden, is the controller for the processing described in this notice. Contact details are available on our Contact page.

In certain investment, ownership or investor-related contexts, another Neqst entity may act as controller for specific processing.

What we process and why

Correspondence. If you contact us, we process your name, contact details and any other personal information contained in your message in order to respond and handle the matter you raise. The lawful basis is our legitimate interest in communicating with people who approach us and, where relevant, taking steps at your request prior to entering into an agreement.

Investment dialogue and due diligence. In relation to companies, investors and other counterparties, we may process contact details, professional information and other personal data relevant to evaluating, executing, managing or exiting investments and exercising our ownership responsibilities.

Our legitimate interests include evaluating investment opportunities, conducting transactions, maintaining business and investor relationships, managing portfolio companies and exercising ownership rights. We may also process personal data where necessary to comply with legal obligations, including anti-money-laundering, accounting and other applicable regulatory requirements.

Sources of information. We generally obtain personal data directly from you or through our interactions with you. In connection with investment activities and due diligence, we may also obtain personal data from companies, investors, advisers and other counterparties, as well as from publicly available sources, registers and databases.

Website use. This website does not use analytics, advertising or tracking technologies, and only uses cookies that are strictly necessary for it to function and be delivered securely. Our hosting and technical service providers may process standard technical connection data, including IP addresses, where necessary to deliver, secure and maintain the website. The lawful basis is our legitimate interest in operating and protecting the website.

Recipients and international transfers

We share personal data only where necessary for the purposes described in this notice. Recipients may include IT and hosting suppliers acting as processors on our behalf, professional advisers, banks and other transaction counterparties, and public authorities where disclosure is required by law.

We do not sell personal data and do not use personal data collected through this website for advertising.

Where personal data is transferred outside the EU/EEA to a country that has not been recognised as providing an adequate level of data protection, we use appropriate safeguards as required by applicable law. These may include the European Commission's Standard Contractual Clauses.

Retention

We retain personal data only for as long as necessary for the purposes for which it was collected and thereafter for any period required by applicable law or reasonably necessary to establish, exercise or defend legal claims.

Correspondence that does not lead to an ongoing business or investment relationship is normally deleted within twelve months.

Personal data connected with investments, ownership, contracts, transactions, investor relationships and due diligence may be retained for the duration of the relevant relationship and for an appropriate period thereafter. Accounting and other records subject to statutory retention requirements are retained for the periods required under Swedish law.

Automated decision-making

We do not use personal data for automated decision-making or profiling that produces legal or similarly significant effects.

Your rights

Subject to applicable law, you have the right to request access to the personal data we hold about you, to have inaccurate or incomplete data corrected, to request erasure or restriction of processing, to object to processing based on legitimate interests, and to data portability where applicable.

Requests can be made using the contact details available on our Contact page.

If you believe we process your personal data unlawfully, you may lodge a complaint with the Swedish Authority for Privacy Protection (Integritetsskyddsmyndigheten, IMY) or with the competent supervisory authority in your country of residence.

Changes

We may update this notice if our processing activities or applicable law change. The version published on this page is the current version.