Terms of Use

AS USED HEREIN, THE TERM “YOU” SHALL MEAN ANY VISITOR TO THE WEBSITE.

Last updated: 06 October 2023

By using the website hosted at the domain venturebeam.com, any sub-domains or Venturebeam API (“Website”) and as the case may be, the services provided through the Platform by Venturebeam (“Venturebeam”, “we” and “us”), you agree to and accept these Terms of Use (“Terms”), and these Terms will remain in effect at all times while you use the Website or services provided through the Platform or any data obtained through our Website.

These Terms govern your access to the Website and Platform, use of all data, content and other information on our Website, applications, and other properties. These Terms are legally binding with respect to all activities and services undertaken and/or offered by Venturebeam through the Website or Platform. In addition to the provisions of these Terms, the Privacy Policy and other relevant agreements depending on the service we provide you from time to time, shall apply (“Agreements”).

YOU ACKNOWLEDGE AND AGREE THAT BY ACCESSING AND USING THE WEBSITE, YOU AGREE TO BE LEGALLY BOUND BY AND HEREBY CONSENT TO THESE TERMS AND THE PRIVACY POLICY. IF YOU DO NOT AGREE TO THESE TERMS AND PRIVACY POLICY, THEN YOU MAY NOT USE OR ACCESS THE WEBSITE OR THE PLATFORM.

The Website or Platform is not intended for use or directed to any person in any jurisdiction (including the US) where (by reason of that person´s nationality, residence or otherwise) the publication or availability of the Website or the services is or may be prohibited.

We reserve the right to change these Terms and/or to modify, discontinue, disable or terminate the access (or any part or feature thereof) to our Website or Platform at any time, without prior notice.

If we make changes to these Terms we will post an updated version on our Website. Your continued use of Website or Platform following the posting of such updated version constitutes your acceptance of any changes to these Terms.

USER ACCOUNT

In order to get access to our services you should register a user account (“User Account”) with us. Venturebeam will not accept applications from prospective account holders or from prospective project owners related to regulated services until further notice.

We may, in our sole discretion, refuse to allow you to establish a User Account with us or limit the number of accounts that you may establish and maintain, at any time. Further, we hold a right and full discretion to provide different user statuses for the users, which result in different user rights.

We may also permanently or temporarily terminate or suspend your User Account for any reason, without prior notice or liability to you, including if in our sole determination you violate any provision of the Terms or the Privacy Policy.

You may delete your User Account any time you wish. However, deleting the User Account or limiting the usage of your profile may limit or prevent us from providing the services you have asked for.

YOUR DATA

With respect to the data submitted by you, you undertake to:

• update the registration and profile information and to keep it current and accurate;
• post through the Platform only content that you own, have created, or which you have clear permission to publish; and
• be responsible for the content you upload, post, email, transmit, or otherwise make available on or through the Platform.

You also acknowledge and agree that subject to Applicable Law:

• we do not endorse any user’s content and are not responsible or liable for any such content, even though it may be unlawful, harassing, defamatory, privacy-invading, abusive, threatening, harmful, vulgar, obscene, or otherwise objectionable, or may infringe upon the intellectual property or other rights of another; and
• we do not have an obligation to pre-screen any content. However, we have the right (but not the obligation) in our sole discretion to refuse, edit, move, or remove any content that is submitted on or through the Platform.

When acting as a user, you agree that some content regarding you may be made available to the public through our Website or Platform.

NON-RELIANCE

Venturebeam does not provide legal, accounting, tax, management or investment advice. No comments made by Venturebeam (or made by the staff or Venturebeam Group companies) should be construed as legal, accounting, tax, management or investment advice. Venturebeam will not be held liable under any circumstances for the consequences of any party acting on what they purport to be advice from Venturebeam.

COPYRIGHT

You hereby grant us a non-exclusive, transferable, royalty-free, worldwide license to use any information, photos, text, audio, video, or other data that is covered by intellectual property, you have uploaded to our Website or Platform. The text, graphics, photos, audio, video, and all software included by Venturebeam on the Website or Platform, is owned or licensed by      Funderbeam Group entity and/or its licensors, unless indicated otherwise. The content on the Website or Platform may not be copied, transmitted, displayed, performed, distributed, licensed, altered, framed, stored for subsequent use or otherwise used in whole or in part in any manner without our prior written consent, except to the extent permitted by applicable laws and regulations.

TRADEMARKS

Venturebeam or graphics used on our Website or Platform to identify Venturebeam are registered trademarks of Funderbeam Ltd. The display of these trademarks does not imply that a license of any kind has been granted to you. Any downloading, re-transmission, other copying or modifications or use of the trademarks and other information contained in the Website or Platform may be a violation of applicable trademark and copyright laws.

RESTRICTIONS

You may not use the Website and services provided by us in a manner that: (i) copies or stores any significant portion of the content, (ii) “crawls,” “scrapes,” or “spiders” any page, data, or portion of or relating to our service or content (through use of manual or automated means), (iii) harvests or otherwise collects information about users, including email addresses, without their consent.

You may not post false, inaccurate, misleading, defamatory, or libellous content on our Website or through/on our services or commercialise any our services, application, or any information or software associated with them. Further, you may not use, copy, reproduce, modify, translate, publish, broadcast, transmit, distribute, perform, upload, display, license, sell or otherwise exploit for any purpose any content of the webpage not owned by you in a way that violates someone else’s (including ours) rights.

You may only post content that you own, have created, or that you have clear permission to publish. You acknowledge and agree that Venturebeam does not endorse any user content and is not responsible or liable for any such content, even though it may be unlawful, harassing, libellous, privacy-invading, abusive, threatening, harmful, vulgar, obscene, or otherwise objectionable, or may infringe upon the intellectual property or other rights of another.

You acknowledge that we have no obligation to pre-screen any user content. However, we do have the right (but not an obligation) in our sole discretion to refuse, edit, move, or remove any user content, that is submitted on or through our website, without any prior notice.

Any use of the services contrary to the mission and purpose of Venturebeam is strictly prohibited and is considered as being in violation of these Terms.

Further, it is prohibited to:

• give access to a User Account or share a user ID with a third person without the consent of Venturebeam;
• post false, inaccurate, misleading, defamatory, or libellous content through our Website or Platform;
• harvest or otherwise collect information about other users, including email addresses, without their consent;
• commercialise any our services, application, or any information or software associated with them.

LIABILITY

All information on the Website and the services provided through Platform are provided on “as is” and “as available” basis and without any representation of warranty. Venturebeam does not have control over information provided or published by third parties and it cannot ensure that its analytics, statements are correct, nor can we pre-screen such information. Therefore, Venturebeam takes no responsibility for the accuracy, reliability or correctness of information included in the services or materials it provides.

You are solely responsible for the content you upload, post, email, transmit, or otherwise make available on or through our services (including the Platform) or Website.

We do not accept liability for the content of any referenced or linked off-site page and are not liable for that content. The risk of injury rests entirely with you. Links from the Website or Platform to other sites do not constitute an endorsement from Venturebeam. These links are provided as an information service only. It is your responsibility to evaluate the content and usefulness of information obtained from other sites. You should direct any concerns regarding any external link to the respective site administrator or webmaster. If you choose to follow one of these links, the policies of that outside site take effect until you return to our Website or Platform.

MEDIA ACCESS

Subject to the above conditions and limitations, media organisations may obtain information from our Website for conducting research and marketing and other associated permitted Purposes of the Privacy Policy, provided that; (a) no personal data is accessed and should any personal data be obtained it must be deleted or anonymized and must not be republished, (b) the information obtained is limited to that specifically permitted by us (by APIs or otherwise) to such media organisation and no other information may be obtained from any other access it may have, (c) Venturebeam is credited as the source with a link to Venturebeam.com, (d) the media organisation has been pre-approved by us in writing and acknowledged this term. This permission may be withdrawn at any time without notice.

ASSIGNMENT, TRANSFER AND DELEGATION

The provisions of the Agreements are personal to you and you shall not assign or transfer any of your rights or obligations under them.

Subject to Applicable Law, we may delegate our functions and responsibilities under the Agreements. Except where otherwise stated, we will remain responsible to you for the performance of that function or responsibility.

IMPORTANT LEGAL PROVISIONS

     If any provision of these Terms is held to be invalid, void due to contradicting law or for any reason unenforceable, such provisions shall be struck out and shall not affect the validity and enforceability of the remaining provisions.

Nothing in the Terms is intended to confer any benefit on any person who is not a party to the Terms and no third party shall have any rights to enforce any of its terms.

These Terms, and the other Agreements, are supplied in English and all communications between us including documentation shall be in English.

APPLICABLE LAW AND DISPUTE RESOLUTION

These Terms are subject to the legislation and jurisdiction of Estonia. If you are a consumer, you may also resort to the mandatory provisions of the law enforced state of your residence.

Best efforts shall be used to resolve any dispute, controversy or claim arising out of or relating to this      Terms, including breach, termination or invalidity, in amicable negotiations. In case the dispute cannot be solved and you are a legal entity or a private person operating in your economic or professional activities, or a person who after commencing the use of the Website or Platform has settled in a foreign state or whose place of business, residence or location at the time of filing an action is unknown, the competent institution for settling the dispute shall be Harju County Court.

CONTACT

If you have any questions regarding these Terms, you are welcome to contact us by e-mail at info@venturebeam.com.

All communications between us shall be in English.

Communications by us to you shall be deemed to be received:

• If sent by post to an address in the Estonia two Business Days after posting (or five Business Days if sent to an address outside Estonia);
• If sent by e-mail or electronic communication, immediately on sending provided that we do not receive notice of non-transmission or non-receipt

     GLOSSARY

The following capitalised terms when used in these Terms shall have the following meanings:

Applicable Law – Any law, statute, ordinance, rule, regulation, order or determination of any governmental or regulatory authority or any requirement of any official body (including any taxation authority) which is binding on us.

Business Day – Any day which is not a weekend or a public holiday in the UK or Estonia.

Group – Has the meaning given in section 6 of the Estonian Commercial Code.

Platform – the platform provided by Venturebeam where the users may have the opportunity to participate in chat / discussion forums, blogs and other message boards about topics related to investing and economic opportunities.

Venturebeam – Funderbeam OÜ, incorporated and registered in the Republic of Estonia, with registry code 12495417, address Rotermanni tn 12, 10111, Tallinn, Estonia.

Venturebeam Group – A group of entities belonging to the same group as Venturebeam and being direct or indirect subsidiaries of Funderbeam Ltd

Website – Venturbeam website hosted at the domain www.venturebeam.com, any sub-domains or Venturebeam API.

In these Terms, unless a contrary intention appears:

• use of the singular shall include the plural and vice versa;
• use of any gender or neuter includes the other genders;
• headings are used for reference only;
• references to any legislation or all include any successor legislation or rule, and are to Estonian legislation or rules unless expressed otherwise;
• a time-of-day shall be construed as a reference to Tallinn time; and
• any phrase introduced by the terms ‘including, ‘include’, ‘in particular ‘or any similar expression is to be construed as illustrative and does not limit the sense of the words preceding those terms.