Data Privacy Policy

FunderNation GmbH, Talstraße 27E, 64625 Bensheim-Auerbach (hereinafter referred to as FunderNation) operates a platform (hereinafter referred to as SpaceStarters Website) under URL www.spacestarters.com at which investors are provided the opportunity to participate in the economic success of different types of companies through the provision of profit participating, subordinated loans and in turn companies have the opportunity to gain investors.  

The protection and confidentiality of your data is of particular importance to FunderNation. The collection and use of your personal data is performed exclusively within the scope of the statutory provisions of the Data Protection Act, as amended. With this Data Protection Statement, we are notifying you which personal data we collect within the scope of your use of the SpaceStarters Website and the purpose for which the data is being used.

FunderNation collects and uses your personal data exclusively within the scope of the provisions of the Data Protection Act of the Federal Republic of Germany. In the following, we notify you on the type, scope and purpose of the data collection and use of personal data. You may access this information on our webpage at www.spacestarters.com

 

Section 1 Responsible Department / Contact

The responsible department in terms of the Data Protection Laws is: 

FunderNation GmbH, Talstraße 27E, 64625 Bensheim-Auerbach, Germany 

Should you have questions or suggestions concerning data protection please address them to the following E-mail address  ​ datenschutz@spacestarters.com wenden.

 

Section 2 The Subject Matter of Data Protection

The subject matter of data protection is personal data. Personal data is, according to Section 3 Para 1 German Federal Data Protection Act, defined as personal or factual circumstances of a certain or identifiable natural persons. This includes e.g. information such as: name, mailing address or telephone number, and usage data, if any. Usage data is defined as data, that is required to for the use of web pages, such as e.g. information on the start, end and scope of use of our web page and login/registration information.

 

Section 3 Collection and Use of Your Data

3.1    Automated Data Collection

When accessing the SpaceStarters web page your internet browser automatically transfers data for technical reasons. The following data is stored separate from other data that you may transfer to us:

  • data and access time,

  • browser type / version

  • your system's operating system

  • URL of the previously accessed web site

  • the volume of transferred data

This data is stored exclusively for technical or statistical reasons (see in particular Item 3.6) and is not assigned to a certain person at any time.

 

3.2    Data entered by the User

To use all benefits of the SpaceStarters Website, you must subscribe. 

If you subscribe as an Investor to actively use the SpaceStarters website, you must first provide your name and E-mail address. If you would like to start investing as an Investor within the scope of SpaceStarters, you must also provide your complete address and your bank account information, as well as provide additional data for the purpose of your identification and for the processing of the investments.

If, as a company, you subscribe to SpaceStarters to actively use the system, you must complete the application form in full.  

This data is needed to setup and administer a User Account for you and so that you may use the complete offering that the SpaceStarters Website has to offer. And finally, FunderNation requires this data and, if needed, additional data to be able to respond to your requests, questions and criticisms/complaints.

 

3.3    Voluntary Data

In addition, the SpaceStarters website offers you the option to personalize your profile. To personalize your profile you can upload a photo of yourself to your profile page. The provision of this information is voluntary and not required to log on to the SpaceStarters website. Please note, that all data and photos provided voluntarily to your profile can be accessed by other users. For this reason, you should practice due care in setting up your profile and release your profile for others to see only after completing the setup process.

 

3.4    Interactive Areas 

SpaceStarters offers discussion forums and other interactive areas or services, including blogs, discussion forums or other areas and services on our website, in which you or third parties can create, post or store any content, messages, comments or other elements to the websites ("Interactive Areas"). When you use an interactive area, you must be conscious of the fact, that this area is publicly accessible and that all personal information that you post or you provide with your public profile, can be seen by others. We cannot control how other visitors to our website will use this information. In particular, we cannot prevent the situation in which unwanted messages are sent to you. Content can be stored for an indefinite period in the Interactive Areas. If you would like to have the content removed at any point, please send us a corresponding email to datenschutz@spacestarters.com

 

3.5    User Profile  

When visiting the website FunderNation creates user profiles under pseudonyms for the purpose of advertising, market research or for the design of the website. For this purpose, only usage data is used. The data used, in particular, is defined user identification data, session start, end and usage data and subscription data. At any time you have the right to revoke the future use of your data for such purposes. The informal revocation can be sent to:

FunderNation GmbH, Talstraße 27E
64614 Bensheim-Auerbach
datenschutz@spacestarters.com

In any case, only you decide which data you would like to share with us. FunderNation complies with the “data economy principle” (Section 3a Federal Data Protection Act [BDSG]). If you do not want to provide FunderNation with certain information, this can, however, result in you not having access to the full scope of the SpaceStarters website.

 

Section 4 Disclosure of Data

For the processing of payments, FunderNation provides your payment relevant data to the bank that is processing the payment.

Principally, the disclosure of your personal data without your prior express consent will only be done in the following cases 

  • If required for the performance of agreements entered into with FunderNation or via the SpaceStarters website, in particular for the processing of investments.

  • If the disclosure is used for the clarification of an unlawful use of the platform or is required for prosecution, personal data will be disclosed to the law enforcement authorities and to the damaged third party, if any. This will only occur, however, if there is concrete evidence of illegal or improper conduct or use. Disclosure may also occur if this is needed for the assertion of usage terms and conditions or other arrangements. In addition, FunderNation is also legally obligated to provide information at the request of certain public authorities. These are law enforcement agencies, tax authorities and authorities that prosecute administrative offences.

  • In some cases, we depend on the support of contracted third party companies and external service providers for the provision of our services, for example in the areas of sending advertising campaigns (only if you have provided your explicit prior consent), customer service and payment processing. In such cases, information is disclosed to these companies i.e. individuals to allow these companies or individuals to perform such services. These third party service providers are selected with due care and are routinely reviewed to ensure that your personal sphere is preserved. The service providers may only use the data for the purposes as defined by FunderNation. In addition, the service providers are contractually obligated by FunderNation, to treat your data exclusively according to this data protection statement and the German Data Protection laws.

  • Within the scope of the development of our business, the situation can occur that the structure of FunderNation GmbH will change i.e. change of legal form, subsidiaries, company units or components are formed, purchased or sold. Within the scope of such transactions customer information is disclosed jointly with the company unit to be transferred. Each disclosure of personal data to third parties to the extent described above, FunderNation ensures that this occurs in compliance with this Data Protection Statement and the relevant data protection laws.

 

Section 5 Newsletter

SpaceStarters offers you a free newsletter service. In the newsletter, SpaceStarters provides information on new and ongoing fundraising campaigns, the development of financed companies, SpaceStarters news, as well as the participation in surveys, to let you know about new products or services or to provide you with other information, that could be of interest to you. In addition, we will provide you with information on offers and products of our cooperation partners in the newsletter.

To receive the newsletter via E-mail, you can mark the "Newsletter" box when subscribing or in your account settings. 

You can cancel the newsletter at any time. Each newsletter contains information on how to cancel the newsletter with future effect. 

 

Section 6 Cookies

FunderNation stores so-called "Cookies" to offer you a comprehensive range of functions and to make the use of our webpage more comfortable. "Cookies" are small files, that are stored on your computer with the help of your Internet browser. If you do not want to use "Cookies", you can prevent the use of "Cookies" on your computer by making the corresponding settings in your Internet browser. Please note that the functionality and range of functions of our offering could be limited by doing this. 

 

Section 7 Website Improvement

7.1    Google Analytics

FunderNation uses Google Analytics, a web analysis service of Google Inc. ("Google"). Google Analytics uses so-called "Cookies", text files that are stored on your computer enabling an analysis of your usage of the relevant website. In general, the information created by the Cookie regarding your usage of this website (including your truncated IP address) is transmitted to and stored on a Google server in the USA. Google will use this information to analyze the usage of this website by you, to compile reports regarding the activities on this website and to provide additional services to the operator of this website related to the usage of this Website and the Internet. Google will also disclose this information to third parties, to the extent this is required by law or to the extent such third parties process this information on behalf of Google. 
You can deactivate Google Analytics through a browser add-on, if you do not want to partake in website analysis. You can download the add-on here : http://tools.google.com/dlpage/gaoptout?hl=de.  

 

Section 8 Social Plugins  

FunderNation uses Plugins, among others, the social networks facebook.com, Facebook Inc., 1601 S. California Ave, Palo Alto, CA 94304, USA , Twitter.com, Twitter Inc., 795 Folsom St., Suite 600, San Francisco CA 94107, USA, google +, Google Inc., 1600 Amphitheatre Parkway Mountain View, California, 94043, USA, LinkedIn, LinkedIn Ireland, 70 Sir John Rogerson's Quay, Dublin 2, Ireland as well as Xing, XING AG, Dammtorstraße 29-32, 20354 Hamburg, Germany on its website. You can identify the plugins by their respective network logo, e.g. supplemented by the pictogram of a balled fist with a thumbs up, or the additional "recommendation" "Like", "Comment", or "Thumbs-Up". Just by going to our website a direct link is not setup with nor is data transferred to the social network servers through the Internet browser you use. The "Like" button is only activated, if you mouse over the button and once you are hovering over the button you click on the "Like" button, only then is an active connection established. Then you can provide your recommendation by clicking a second time. If you have activated the "Like" button, this transfers various data to the social network. This includes:

  • date and time of the website visit

  • website URL the visitor is visiting

  • website URL of the website visited previously

  • the browser used by the visitor

  • the operating system used by the visitor

  • the visitor's IP address

To the extent you are simultaneously logged on to our website and Facebook, Twitter or Google+, it cannot be excluded that the provider will assign the visit to your network account. If you use the Plugin function (e.g. click the "Thumbs Up" button, make a comment, this information is also directly transferred from your browser to the respective network and possibly stored there. The purpose and scope of data collection and the processing and use of data through the networks can be accessed through the data protection policies of Facebook  [http://www.facebook.com/policy.php], Twitter [http://twitter.com/privacy] and Google [http://www.google.com/intl/de/policies/privacy/]. 

 

Section 9 Deletion of Your Data

If your data is no longer required for the above purposes, the data will be deleted. To the extent an investment has not been paid back in full, your data is needed for the purpose of the concluded agreements and may not be deleted. If you would like to delete your user account, please contact us via email at :samuel.gerlach@spacestarters.com and we will delete your profile completely and finally. To the extent the data must be kept for statutory reasons, this data will be blocked. The data will not be made available for any other use.

 

Section 10 Right to Information and Right to Correction

In any case, you have the right, at your request, to receive information on the data we have stored pertaining to your person. You also have the right to the correction of incorrect, blocked or deleted data. In this case, please contact us at datenschutz@ spacestarters.com or via the postal address provided above.

 

Section 11 Data Protection Statement Amendments

FunderNation reserves the right to amend this Data Protection Statement. The version of the Data Protection Statement, as amended, can be accessed under www.spacestarters.com/datenschutz.pdf abrufbar.                  

Stand: Oktober 2016