Privacy Policy

Effective date:

INTRODUCTION

We are Tera Ventures OÜ, a private limited company, incorporated under the laws of Estonia, registration code 14088576, registered address Pikk tn 7, 10123, Tallinn, Estonia and our subsidiaries (hereinafter “Tera Ventures”, “we”, “us” or “our”).

Tera Ventures operates in the investment field, focusing on born-global digital startups creating network effects, applying machine learning, and other enabling technologies to business models which will become the infrastructure of and deeply impact our future lives.

This Privacy Policy (hereinafter “Privacy Policy”) applies if you use, have used or have expressed an intention to use or are in other way related to any of the services provided by Tera Ventures, when you use our Web Site or when you contact us.

If you have any questions on how we process your personal data or if you wish to exercise your data subject rights, please contact us on the details provided below.

  1. DEFINITIONS
ControllerPerson that determines the purposes and means of processing of personal data in a specific particular case. Controller of your personal data in the meaning of this Privacy Policy shall be Tera Ventures.
Data subjectAny natural person whose personal data is processed by Tera Ventures.
GDPRRegulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation).
Tera VenturesTera Ventures OÜ, a private limited company, incorporated under the laws of Estonia, registration code 14088576, registered address Pikk tn 7, 10123, Tallinn, Estonia or, depending from the context also TeraVCapital OÜ, a private limited company, incorporated under the laws of Estonia, registration code 14205651 registered address Pikk tn 7, 10123, Tallinn, Estonia
Personal dataAny information directly or indirectly related to an identified or an identifiable data subject.
Processing

Any operation carried out with personal data (incl. collection, recording, storing, alteration, grant of access to, making enquiries, transfer, etc.).
Web SiteThe website https://tera.vc, its subdomains (hereinafter “Web Site”) and the software, databases, interfaces, associated media, documentation, updates, new releases and other components or materials incorporated therein or integrated therewith.
  1. WHEN AND WHAT TYPES OF PERSONAL DATA DO WE PROCESS?

    2.1 We collect and process only such data that is voluntarily submitted by you to us. The exact types of personal data we process, depends on the relationship between you and Tera Ventures.

    2.2 If you have concluded a contract with us, we collect and process personal data only for the purposes and to the extent that it is necessary for the performance of the contract and for providing the service for you, i.e. we process personal data when processing is necessary for the performance of the contract or in order to take steps at your request (legal basis for data processing is Article 6 (1) (b) of GDPR).

    2.3 If you have ordered our newsletter, we process your personal data that is limited to your e-mail address for direct marketing purposes based on your consent (legal basis for data processing is Article 6 (1) (a) of GDPR). You have a right to withdraw from your consent by following the instructions provided by each newsletter sent to your e-mail.

    2.4 If you participate in our events, we process your personal data that you have disclosed to us in relation to specific event to the extent that the processing is necessary to ensure your participation (legal basis for data processing is Article 6 (1) (b) of GDPR). We might also ask for your consent to process your personal data that is limited to your e-mail address and name to invite you to our future events (legal basis for data processing is Article 6 (1) (a) of GDPR).

    2.5 If you have contacted us via contact form made available on our Web Site, we process your personal data that you have disclosed to us in your request to us and to the extent that the processing is necessary to answer to your request (legal basis for data processing is Article 6 (1) (b) of GDPR).

    2.6 In certain cases, we might also use personal data when processing is necessary for compliance with a legal obligation to which Tera Ventures is subject (legal basis for data processing is Article 6 (1) (c) of GDPR) or when processing is necessary for the purposes of the legitimate interests pursued by Tera Ventures or by a third party, except where such interests are overridden by the interests or fundamental rights and freedoms of the data subject (legal basis for data processing is Article 6 (1) (f) of GDPR).
  1. HOW LONG DO WE RETAIN DATA?

    3.1 Personal data is retained in accordance with the applicable laws and no longer than it is necessary.

    3.2 Personal data related to contracts can be retained during the term of the contract and based on our legitimate interest pursuant to Article 6 (1) (f) of the GDPR until the end of the statutory limitation periods under applicable law, i.e. for maximum 10 years after the termination of the agreement.

    3.3 Communication data can be retained until your request has been answered and based on our legitimate interest pursuant to Article 6 (1) (f) of the GDPR until the end of the statutory limitation periods under applicable law, usually for maximum 3 years after the termination of the agreement.

    3.4 Personal data that is processed based on your consent, is retained during the validity of the granted consent. After the withdrawal of the consent, personal data is deleted.
  1. HOW DO WE PROTECT YOUR PERSONAL DATA?

    4.1 To protect your personal data from unauthorized access, unlawful processing or disclosure, accidental loss, modification or destruction, we use appropriate technical and organisational measures that comply with applicable laws. These measures include but are not limited to the implementation of appropriate computer security systems, protection of paper and electronic format files by technical and logical means, controlling and limiting access to documents and buildings.
  1. YOUR RIGHTS

    5.1 Tera Ventures is dedicated to ensuring that personal data processing is fair and transparent and all rights arising under applicable law are always ensured. In particular, any data subject has:

    5.1.1. the right to access the personal data that Tera Ventures processes about him/her and to request that Tera Ventures rectifies any inaccurate personal data. Under certain circumstances you may also request erasure and/or restriction of processing of your personal data;

    5.1.2. the right to receive your processed personal data in a structured, commonly used and machine-readable format and have the right to transmit your personal data to another controller;

    5.1.3. the right to object to the processing of your personal data for specific purposes and under certain conditions;

    5.1.4. if you believe that your rights have been infringed, you may contact and lodge a complaint to the supervisory authority applicable for your jurisdiction (Data Protection Inspectorate in Estonia address Tatari 39, Tallinn 10134, www.aki.ee, or other competent authority in your jurisdiction).
  1. COOKIES

    6.1 Tera Ventures uses cookies on the Web Site. This section incorporates our cookie policy (hereinafter “Cookie Policy”) that applies when you use our Web Site.

    6.2 Cookies are small data files stored on your hard drive by a website. Cookies help us monitor and improve the functionality and usage of our Web Site and your experience of the Web Site. We can use cookies to see which areas and features are popular and to count visits to our Web Site, to recognise you as a returning visitor and to tailor your experience of the Web Site according to your preferences. We may also use cookies for targeting or advertising purposes.

    6.3 We use session cookies on our website that are temporary cookies which only exist during the time you use the website (or more strictly, until you close the browser after using the website). Session cookies help our websites remember what you chose on the previous page, avoiding the need to re-enter information.

    6.4 We also allow our web analysis tool, Google Analytics by Google Inc., to track user visits. Google Analytics tracking uses cookies in order to provide meaningful reports about site visitors, but does not collect personal data about website visitors. For more information on the cookie set by Google Analytics, including information on how to opt out please go to: https://developers.google.com/analytics/resources/concepts/gaConceptsCookies.

    6.5 You can delete or block cookies on the Web Site through your browser settings at any time. However, some cookies might be necessary for the functionality of the Web Site. Therefore, you understand that when blocking or deleting the cookies some features of the Web Site might not function correctly. For more general information about cookies including the difference between session and persistent cookies please see www.allaboutcookies.org.

    6.6 If you agree to cookies on our Web Site, your continuing use of the Web Site stipulates your acceptance to using cookies.

    6.7 In case you have any question concerning Cookie Policy, you may contact us via contact details provided below.
  1. GOVERNING LAW AND JURISDICTION

    7.1 This Privacy Policy shall be governed by the laws of the Republic of Estonia.

    7.2 Any disputes arising from these Privacy Policy shall be settled in the Harju County Court in the Republic of Estonia, unless you have a right to turn to the court of your residence pursuant to statutory law.
  1. CONTACT DETAILS AND NOTICES

    8.1 If you have any questions about this Privacy Policy or concerns about how we use your Personal Data or if you want to exercise your rights as described above, you may contact us via e-mail or in writing using the following contact information: .

CONSENT
TO RECEIVE MARKETING CONTENT TO E-MAIL

Tera Ventures would like to keep you updated with interesting news and provide you other interesting content regarding investment field.

Hereby you grant Tera Ventures with the right to process your personal data (e-mail address) for direct marketing purposes.

YOUR RIGHTS:
Upon granting your consent Tera Ventures is the controller of your personal data. You have the right to:

  • opt-out from receiving further offers at any time by following the instructions included in each offer and withdraw the consent granted hereby at any time;
  • request access to data collected about you, the amendment, rectification or deletion of this data to the extent permitted by the law;
  • restrict the processing of your personal data, the right to object to the processing of your personal data on the basis of Article 6 (1) (e) or (f) of the GDPR or to the processing of personal data for the purposes of direct marketing;
  • lodge a complaint with the Data Protection Inspectorate (Väike-Ameerika 19, 10129 Tallinn, , www.aki.ee) or the court.

EXERCISE OF RIGHTS:
If you would like to withdraw your consent or exercise other rights regarding the processing of your personal data, please contact Tera Ventures using the following contact details: