Privacy Statement

This Privacy Policy outlines the ongoing obligations of Giant Leap Capital Services Pty Ltd as trustee for Giant Leap Capital Services Trust ABN 31 361 256 265 (Giant Leap) in respect of how we manage your Personal Information.

We have adopted the Australian Privacy Principles (APPs) contained in the Privacy Act 1988 (Cth) (the Privacy Act). The APPs govern the way in which we collect, use, disclose, store, secure and dispose of your Personal Information.

A copy of the APPs may be obtained from the website of The Office of the Australian Information Commissioner at www.aoic.gov.au.

Please read this Privacy Policy carefully. If you provide personal information to us, you understand we will collect, hold, use and disclose your personal information in accordance with this Privacy Policy. 

What is Personal Information and why do we collect it? 

Personal Information means information or an opinion, whether true or not and whether recorded in material form or not, about an individual who is identified or reasonably identifiable. 

What types of Personal Information do we collect? 

Examples of Personal Information we may collect include, but is not limited to: 

  • your name;
  • your contact details, including email addresses, street addresses, phone and facsimile numbers;
  • when investing or applying to invest in one of our funds: 
  • your date of birth and gender; 
  • your financial information; 
  • data and documents you provide to us and which are required for Anti Money Laundering and Counter Terrorism Financing (AML/CTF) checks; 
  • your passport and other identification documents; 
  • government identifiers;
  • when you pitch your company to us for investment or we invest in your company: 
  • your gender; 
  • your career history, personal and professional references, resume and qualifications;
  • details of your business or prospective business, including registration details, financial information and pitch decks; 
  • links to your website/LinkedIn profile; 
  • information you provide to us including through feedback; 
  • your preferences or opinions; 
  • when you apply for employment with us: 
  • your date of birth and gender; 
  • your employment history and qualifications;
  • your financial details (if required); 
  • your visa and/or employment status; 
  • any information we need to onboard you, including background checks or any other information we are required to collect by law; 
  • when you visit our Website: 
  • details of the device you have used to access any part of our Website, including carrier/operating system, connection type, IP address, browser session and geo-location data, network data, statistics on page views and sessions and browsing behaviour; 
  • information about your access to and use of our services, including through the use of internet cookies; and 
  • any other personal information requested by us or provided by you or a third party. 

This Personal Information is obtained in many ways including funding applications through the website and email correspondence. We don’t guarantee website links or policy of authorised third parties.

Why do we collect Personal Information? 

The purposes for which we collect, hold and use your personal information may include: 

  • to deliver our products or services to you; 
  • administering the Giant Leap funds and other investment products and financial services offered by Giant Leap; 
  • providing information and reports to investors; 
  • to confirm your identity in compliance with AML/CTF laws; 
  • to provide you with information about our products, services, functions, events or activities; 
  • in connection with your attendance at or participation in events or activities conducted by Giant Leap or our partners; 
  • to manage our relationship with you, evaluate our business performance and build our customer base; 
  • to enable you to subscribe to our mailing lists or newsletters or follow our social media pages, including but not limited to LinkedIn; 
  • to respond to your requests and seek your feedback; 
  • to facilitate our internal business operations, including fulfilment of any legal and regulatory obligations and monitoring, analysing and improving the performance and functionality of our Website and investigating breaches of or enforcement of any legal terms applicable to our services; and
  • to manage risk and protect Giant Leap from fraud by verifying your identity and helping to prevent fraudulent use of our services.

When we collect Personal Information we will, where appropriate and where possible, explain to you why we are collecting the information and how we plan to use it. You may unsubscribe from our mailing/marketing lists at any time by contacting us in writing. 

Sensitive Information

Sensitive Information is defined in the Privacy Act to include information or opinion about such things as an individual's racial or ethnic origin, political opinions, membership of a political association, religious or philosophical beliefs, membership of a trade union or other professional body, criminal record or health information. Sensitive Information is a subset of Personal Information that is afforded a higher level of protection under the APPs.

Sensitive information will be used by us only:

•           for the primary purpose for which it was obtained;

•           for a secondary purpose that is directly related to the primary purpose; and

•           with your consent; or where required or authorised by law.

We may also collect Sensitive Information on an individual’s racial or ethnic origin for the purpose of reporting on the diversity targets set out in Giant Leap’s Diversity, Equity and Inclusion Policy (available here). Any such Sensitive Information collected for this purpose will be deidentified and anonymised before being collated at an aggregate level, and only the anonymised aggregated information may be made public. 

Third Parties

Where reasonable and practicable to do so, we will collect your Personal Information only from you. However, in some circumstances we may be provided with information by third parties. 

If we receive information about you from a third party, we will protect it as set out in this Privacy Policy. We do not routinely disclose personal information to third parties unless: 

  • you have consented; 
  • you would reasonably expect us to use or disclose your personal information in this way; 
  • we are authorised to do so by law; or 
  • the Personal Information has been de-identified and anonymised prior to release and is presented in an aggregated form. 

This may include disclosing personal information to our employees, contractors and related entities, as well as third parties who supply services to us to assist us in performing our administration functions and in fulfilling our legal and regulatory obligations (e.g. legal and accounting firms, data storage systems and certain SaaS providers). For clarity, we do not sell, trade or rent your Personal Information to third parties without your consent. 

If you are a third party providing personal information about somebody else, you represent and warrant that you have such person’s consent to provide the personal information to us. 

Our Website may contain links to other parties’ websites. We do not have any control over those websites, and we are not responsible for the protection and privacy of any personal information which you provide whilst visiting those websites. Those websites are not governed by this Privacy Policy. 

Disclosure of Personal Information

Your Personal Information may be disclosed:

  • where you have consented to the use or disclosure; 
  • where you would reasonably expect us to use or disclose your personal information in this way; or
  • where we are authorised to do so by law; or 
  • where the Personal Information has been de-identified and anonymised prior to release and is presented in an aggregated form. 

To whom may we disclose your Personal Information? 

We may disclose your Personal Information to: 

  • our employees, contractors and related entities; 
  • third party service providers for the purpose of enabling them to provide their services to us, including (without limitation) IT service providers, legal and regulatory partners, marketing or advertising providers, professional advisors and payment systems operators; 
  • our portfolio entities or persons where we are introducing you to them; 
  • the readers of our Small Steps newsletter or Website blog, where you have been profiled or featured in an article, in respect of your name and professional history ; 
  • our existing or potential agents or business partners; 
  • courts, tribunals and regulatory authorities, in the event you fail to pay for goods or services we have provided to you; 
  • third parties to collect and process data, such as Google Analytics; and 
  • any other third parties as required or permitted by law, such as where we receive a subpoena. 

Sharing of Personal Information outside of Australia 

Giant Leap operates primarily in Australia. In order to provide our services effectively, we may need to share some of your Personal Information with organisations outside of Australia. Sometimes, we may need to ask you before this happens. At this stage, our current list of overseas countries includes, without limitation and subject to change, the United Kingdom and the United States of America.We may store your information in a cloud or other types of networked or electronic storage. As electronic or networked storage may be accessed from various countries via an internet connection, it is not always practicable to know in which country your information may be held. If your information is held in this way, disclosures may occur in countries other than those listed. 

In certain circumstances, your Personal Information may be shared with the Australian Taxation Office or the Australian Securities and Investments Commission which will then exchange this information with similar overseas regulatory bodies as a result of Australia’s participation in the Common Reporting Standard and Foreign Account Tax Compliance Act. Your Personal Information may also be shared with NSW Fair Trading and Consumer Affairs Victoria where required by law. 

Where in accordance with this Privacy Policy, we disclose your personal information to third parties who reside outside Australia, you agree and acknowledge that we are not required to ensure that those third parties comply with Australian privacy laws. Overseas organisations may be required to disclose information we share with them under a foreign law. In those instances, we will not be responsible for that disclosure.

Security of your Personal Information

Your Personal Information is stored in a manner that reasonably protects it from misuse and loss and from unauthorised access, modification or disclosure.

When your Personal Information is no longer needed for the purpose for which it was obtained, we will take reasonable steps to destroy or permanently de-identify your Personal Information. However, most of the Personal Information is or will be stored in client files which will be kept by us for a minimum of 7 years.

While we are committed to security, we cannot guarantee the security of any information that is transmitted to or by us over the Internet. The transmission and exchange of information is carried out at your own risk.

Access to your Personal Information

You may access the Personal Information we hold about you and to update and/or correct it, subject to certain exceptions. If you wish to access your Personal Information, please contact us in writing. Giant Leap will not charge any fee for your access request.

In order to protect your Personal Information we may require identification from you before releasing the requested information.

Maintaining the quality of your Personal Information

It is important to us that your Personal Information is up to date. We will take reasonable steps to make sure that your Personal Information is accurate, complete and up to date. If you find that the information we have is not up to date or is inaccurate, please advise us as soon as practicable so we can update our records and ensure we can continue to provide quality services to you.

Policy updates

We may, at any time and at our discretion, vary this Privacy Policy by publishing the amended Privacy Policy on our Website. We recommend you check our Website regularly to ensure you are aware of our current Privacy Policy.

Privacy Policy complaints and enquiries

If you have any queries or complaints about our Privacy Policy please contact us at:

15-21 Cotter Street, Richmond, 3121

enquiries@giantleap.com.au 

If you wish to make a complaint, you may do so by providing your written complaint to the contact details above. Where possible, the complaint should include enough information to help us resolve it. We will investigate and respond to your complaint in writing, setting out the outcome of our investigation and the steps we will take in response to your complaint. If you are not satisfied with our response to a complaint and you are in Australia, you may lodge a complaint with the Office of the Australian Information Commissioner. 

Disclaimer

Use of the Giant Leap website

This website, accessible at www.giantleap.com.au (Website), is owned and operated by Giant Leap, including in its activities in providing services to Giant Leap Manager Pty Ltd (ACN 138 179 914, AFSL No. 356648, CAR No. 1242563) and The GLF II Manager Pty Ltd (ACN 649 843 809, AFSL No. 356648, CAR No. 1288372) (together, the Giant Leap Managers).

Acceptance of and changes to Terms and Conditions of Use

By using this Website, or downloading materials from this Website, you agree to the terms and conditions of use contained in this notice without limitation or qualification. 

These terms and conditions of use may be revised at any time by updating this posting, and will be effective as of the date of such posting. Your continued use of the Website after any changes to this posting will be considered acceptance of those changes. This text was last revised in March 2023.

General information

General information, opinions and other materials appearing on this Website are of a general nature only and shall not be construed as a securities recommendation or advice. Giant Leap Manager Pty Ltd (ACN 138 179 914, AFSL No. 356648) and GLF II Manager Pty Ltd (ACN 649 843 809, AFSL No. 356648) (together, the Giant Leap Managers) do not guarantee the performance of or repayment of capital or income in relation to the investments referred to on this website. The Website has not been prepared with reference to your individual financial circumstances. You should not rely on any information on this Website without first seeking appropriate professional advice.

Applications for investment in the Funds referred to on this website can only be made on the application form attached to the relevant Information Memorandum and issued for each Fund. The Giant Leap Managers and any related entities reserve the right to accept or reject any application at their absolute discretion. Before making an investment decision you should read the Information Memorandum and seek your own advice on the investment.

The Giant Leap Managers accept no responsibility for the accuracy or completeness of the information, opinions or other materials provided on or accessible through the Website. Where the Giant Leap Managers make third party material available or accessible through the Website, you acknowledge that the Giant Leap Managers are  distributors and not publishers of that content and that their editorial control is limited to the selection of those materials.

The content on this Website does not form part of the terms for the Giant Leap Managers supplying to you any products and services of the Giant Leap Managers.

No security or other product or service is offered or will be sold in any jurisdiction in which such offer or solicitation, purchase or sale would be unlawful under the securities, or other laws of such jurisdiction.

Disclaimer and Limitation of Liability

General

No part of these terms and conditions of use excludes, restricts or modifies any condition or warranty implied into these terms and conditions of use or any liability imposed on Giant Leap by any applicable law (including the Australian Consumer Law contained in the Competition and Consumer Act 2010 (Cth)) if to do so would contravene such law or make any part of these terms and conditions of use void.

Exclusion and limitation

To the extent permitted by law, all conditions, warranties and other terms implied by statute, custom or the common law are excluded from these terms and conditions of use. If any statute implies terms into these terms and conditions of use which cannot be lawfully excluded, then those terms and conditions will apply and, to the extent permitted by law, the liability of Giant Leap for the breach of any such term will be limited to the minimum remedy provided for in such terms and conditions.

Liability of Giant Leap (whether that liability arises under contract, tort (including negligence) or statute) is limited to the amount paid by you, if any, for accessing this Website.

In no circumstances will Giant Leap, its subsidiaries, affiliates, or any party involved in creating, producing, or delivering this Website be liable to you or to any entity for any loss or damage, however caused (including negligence), which may be directly or indirectly suffered in connection with the use of, or the inability to use, the content, materials and functions on this Website or any linked Website, even if Giant Leap has been expressly advised of the possibility of such damage.

Giant Leap excludes liability (whether that liability arises under contract, tort (including negligence) or statute) for any incidental, consequential, special, or punitive damage (including, without limitation, any loss of profits, loss of opportunity, loss of revenue, loss of anticipated savings, business interruption, loss of information or programs or other data on your information handling system) resulting from the use of, or the inability to use, the content, materials and functions on this Website or any linked Website, even if Giant Leap or any related entity or an authorised representative of Giant Leap has been expressly advised of the possibility of such damage.

Damage and viruses

Giant Leap will not be liable for any damage to, or viruses that may infect, your computer equipment or other property as a result of access to, use of, or browsing this Website or your downloading of any data, text, images, video, or audio material from this Website.

Errors

Giant Leap does not warrant that the functions contained in the Website materials will be uninterrupted or error-free, that defects will be corrected, or that this Website or the server that makes it available are free of viruses or other harmful components. Giant Leap does not warrant or make any representations regarding the use or the results of the use of the materials on this Website in terms of their correctness, accuracy, reliability, or otherwise.

Copyright

This website contains copyright works that have been created by Giant Leap. No copyright work shall be reproduced or transmitted separately to this website content in any manner without the specific written permission of Giant Leap. Any unauthorised use of the images may infringe copyright laws, trademark laws, the laws of privacy and publicity, and communications regulations and statutes. If it has been discovered that unauthorised use of copyright materials, which includes images, icons, tables, etc, has been taken then Giant Leap may bring legal proceedings against the unauthorised user and seek monetary damages as well as injunctions to stop immediate use of those materials. In addition, the associated legal costs will be sought.

Governing law

This Website is controlled, operated and administered by Giant Leap from their offices in Melbourne and Sydney, Australia. Giant Leap makes no representation that materials on this Website are appropriate or available for use at other locations outside of Australia and access to them from territories where their contents are illegal is prohibited. If you access this Website from a location outside of Australia, you are responsible for compliance with all applicable local laws. These terms and conditions of use shall be governed by the laws of the State of Victoria. You agree that the appropriate State or Federal Court in Victoria will have the exclusive jurisdiction to resolve all disputes arising from this Website or these terms and conditions of use, and you consent to personal jurisdiction in such forum.

Entire agreement and severance

These terms and conditions of use constitute the entire agreement between Giant Leap and you with respect to your use of this Website. Part or all of any provision in these terms and conditions of use that is illegal or unenforceable will be severed from these terms and conditions of use and the remaining provisions will continue in force and effect and be enforced to the maximum extent permissible so as to effect the original intent of these terms and conditions of use.

Disclaimer

This website updated in March 2023 has been prepared and issued by Giant Leap. The information contained in this Website has been made available to the recipient for information purposes only. It is not intended to be, and does not constitute a Product Disclosure Statement, prospectus, short form prospectus or profile statement as those terms are defined in the Corporations Act 2001 (Cth). General information which is presented in this website is not intended to constitute a securities recommendation. Neither Giant Leap nor the Giant Leap Managers are licensed to give personal advice and do not guarantee the performance of or repayment of capital or income in relation to the Funds. For this reason, it is important that you consider the Giant Leap Fund I and Fund II Information Memoranda (IMs) once available and seek appropriate independent professional advice before making any investment decision. Applications for investment in the Funds can only be made on the application form attached to the IMs.

This investment opportunity will be available for “wholesale clients” or “sophisticated investors” only as those terms are defined in the Corporations Act 2001 (Cth). An investment in the Giant Leap Funds is subject to risk, including possible delays in payment and loss of income and principal invested. Neither the Giant Leap Managers nor any of their associates, related entities or directors, guarantee the performance of any investment or the repayment of monies invested. While every care has been taken in the preparation of this website, the Giant Leap Managers do not make any warranty as to the accuracy or completeness of any statement on this website in it including, without limitation any forecasts or opinions. To the maximum extent permitted by law, the Giant Leap Managers disclaim all liability for any loss or damage which may arise out of the provision to, or by, or use by, any person of the information contained in this website. All figures stated herein are as the date of the website unless otherwise stated. The Giant Leap Managers do not receive fees in respect of the general financial product advice it provides, however it will receive fees for establishing and operating the Funds, in accordance with the partnership documents. The Giant Leap Managers and their related entities may also receive fees for managing the assets of, and providing resources to the Funds. For more detail on fees, refer to the IMs.

Code of Conduct

Purpose

This code of conduct formalises Giant Leap’s existing, long term commitment to creating a safe, welcoming and inclusive environment for our network of founders and investors. 

Our commitment is governed by the laws of Victoria, New South Wales and Australia, designed to protect all workers from inequitable or harmful treatment, but extends beyond that to ensure the highest ethical standards across all of our conduct and how we treat each other.

We have set out this code to be clear about the expected conduct of each member of the Giant Leap team to ensure we are fostering a safe and inclusive space for all.

Giant Leap’s values

  • Act with radical candour – Care personally and challenge directly. We value self-awareness and acknowledge we don’t know all the answers. We trust others to highlight opportunities and blind spots that we can’t see.
  • Think with an abundance mindset – We seek to be generous and without expectation or ego when giving to others. We believe that a rising tide will lift all boats. We value collaboration and seek to grow the pie.
  • Lead by example – We exist to demonstrate the power of startups to solve the world’s problems to guide us to a cleaner, healthier, happier future. We act with courage, integrity and kindness to challenge the status quo.
  • Play the long game – We are strategic in our decision-making and think about the consequences of our actions and inactions. We respect the past, present and future.
  • Be human – We value human connection and seek joy in life. We understand the importance of relationships and acknowledge we are only one piece of the puzzle. Without others, there is no self.

Scope

We expect all members of the Giant Leap team, specifically all directors, permanent and temporary employees, and contractors, to abide by this code of conduct. The code applies to all settings associated with Giant Leap, both virtually and at in person events and conferences. 

Unacceptable behaviour

We expect all Giant Leap team members to treat all people they interact with respectfully. We believe discrimination, bullying, violence or harassment and victimisation is unacceptable behaviour.

Discrimination

Discrimination is treating, or proposing to treat, someone unfavourably because of a personal characteristic protected by the law, such as sex, age, race, ethnicity, sexual orientation, religion or disability. 

Bullying

Bullying is the repeated and intentional mistreatment of a person or group by an individual or group. It can be physical, verbal or psychological, and is often used to assert power over the victim.

Violence

Violence refers to the use of physical force or aggression to cause harm or damage to a person, property or animal. It can take many forms, including physical assault, threats, intimidation, and destruction of property.

Harassment 

Harassment is unwanted or unwelcome behaviour that is offensive, intimidating or hostile, and that interferes with a person's ability to work or study. It can take many forms, such as verbal abuse, unwanted physical contact, sexual advances, or persistent and unwanted attention.

Sexual harassment

Sexual harassment is a specific and serious form of harassment. It is defined as unwelcome sexual behaviour that causes a person to feel offended, humiliated or intimidated, where a reasonable person could have anticipated that reaction in the circumstances. Sexual harassment can be physical, spoken or written. 

Victimisation

Victimisation is subjecting or threatening to subject someone to a detriment because they have asserted their rights under equal opportunity law, made a complaint, helped someone else make a complaint, or refused to do something because it would be discrimination, sexual harassment or victimisation. Victimisation is against the law.

Complaint handling procedure

Giant Leap strongly encourages anyone to report any acts or suspected acts of discrimination, bullying, violence, or harassment.  We expect people in positions of power to be especially conscientious in reporting any violations they encounter (with the consent of the person involved if applicable) as they are less vulnerable to retaliation or pressure than people with less power.

Giant Leap will treat all reports of discrimination, bullying, violence, victimisation or harassment seriously, and Giant Leap will investigate thoroughly, promptly and confidentially (where appropriate). 

One may report violations in any of the following ways:

We aim to acknowledge reports within 48 hours, and to complete handling a report as soon as possible given the circumstances of the report. Actions we may take in response to a report include:

  • Nothing
  • Counselling (either or both parties)
  • Verbal warning 
  • Temporary ban from specific spaces or forums
  • A permanent ban from particular areas or forums 
  • Removal or adjustment of responsibilities
  • Termination of employment
  • Report to legal authorities

If you would like to recommend a particular action or response, please include your recommendation as part of the violation report.  

If possible and appropriate, we will make a statement about the report and any actions we took available to everyone aware of the original incident. We will strive to protect reporters or targets from retaliation whenever possible.

Acknowledgement

In writing this Code of Conduct we have consulted a number of other venture funds’ Codes including peer organisations such as Rampersand, Blackbird and Square Peg, along with other organisations including the University of Melbourne. 

In the interest of continuous improvement and learning, please reach out to enquiries@giantleap.com.au with any feedback.