Privacy

ECONET S.L. (hereinafter, “FundingBox”) is committed to protecting the privacy of all users (the “User/s”) of the web site www.openaxel.com (“Portal”) abiding the current Spanish legislation on matters of personal data protection, users’ privacy and the secrecy and security of personal data, as provided on Organic Law 15/1999, of 13 December, governing Personal Data Protection and in Royal Decree 1720/2007, of 21 December, which approve the Regulations that develop Organic Law 15/1999 (hereinafter, “Privacy Laws”), by adopting the necessary technical and organizational measures to avoid the loss, misuse, alteration, unauthorized access or theft of the personal data provided, taking into account the state of the technology used, the nature of the data and the risks to which it is exposed.

The purpose of this FundingBox privacy policy (hereinafter, the “Privacy Policy”) is to inform the User about the terms and conditions applicable to the collection and use of its personal data and related information (“Personal Data”), which may be requested from time to time or be obtained in the course of Users’ registration or subscription to receive certain services offered on or through the Portal.

By accessing the Portal, the User consents to the use of its Personal Data. The User must not use the Service, if he/she does not agree to be bound by any of terms of the Privacy Policy.

FundingBox informs that Personal Data can only be obtained for processing if they are appropriate, pertinent, and not excessive for the determined purpose, explicit and legitimate, for which they were obtained, in accordance with the object of the Portal. They will be cancelled if they are no longer necessary or pertinent for these purposes, or when their owner requests them to be cancelled. All Personal Data will be gathered by electronic means and automatically processed and stored in FundingBox’s user database (the “Files”).

FundingBox may update this Privacy Policy from time to time. At the end of this document User may find the date on which this FundingBox Privacy Policy was last updated.

User hereby acknowledges and agrees that the Portal intends to create a community of Users interested and/or involved in technology entrepreneurship and accepts that specific information (including without limitation Personal Data) of User, as identified by FundingBox, may be accessible to other members of such community of registered Users of the Portal.

Moreover, the User hereby further acknowledges and agrees that its information (including without limitation Personal Data) may be shared with the following legal entities (including entities of their own corporate group), who support the Portal in addition to FundingBox: Wayra Investigación y Desarrollo, S.L.U, with offices at Ronda de la Comunicación s/n Edificio Oeste 3, 28050 Madrid (Spain); FundingBox Accelerator sp. z o.o., ul. Niemcewicza 26 lok. U8, 02-306 Warsaw, (Poland); Entrepreneur Capital S.L with offices at GRAN VÍA 16, 5oIZQ 28013-Madrid (Spain); DIGITALEUROPE AISBL, with offices at Rue de la Science 14 1040 Brussels (Belgium); Accelerace Management A/S, with offices at Fruebjergvej – 3,2100-Kobenhaven (Denmark); AALTO-KORKEAKOULUSAATIO, with offices at Metallimiehenkuja 10, P.O.Box 17600, FI-00076 Aalto, (Finland); Informatikai, Távközlési és Elektronikai Vállalkozások Szövetsége, with offices at Vérmező út 4. 1012 Budapest (Hungary).

Subject to appropriate compliance with applicable Privacy Laws, FundingBox may subcontract third parties to perform certain services in connection with the Personal Data, including without limitation, the processing and storage of the Personal Data, provided that, such third parties have agreed to maintain the confidentiality of the Personal Data in accordance with the terms of this Privacy Policy.

User commits to only provide appropriate, true, complete and updated information (including without limitation Personal Data) to the Portal and FundingBox. Thus, FundingBox hereby disclaims any liability for processing and storage of false, inaccurate, incomplete or outdated information submitted by User to the Portal and/or FundingBox.