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Introduction

Welcome to the Qalora platform, available on www.qalora.com (the “Qalora Platform” and the “Website” respectively) and provided by Qalora AB, Swedish company reg. no 559016-3183 (“Qalora”). Qalora provides the Qalora Platform in order to connect start-ups and entrepreneurs with sophisticated angel investors.

Acceptance of Terms

By using the Qalora Platform, you agree to adhere to and be bound by these terms of service (the “Terms of Service”) as well as by the terms stipulated in Qalora’s privacy policy, which is available here (the “Privacy Policy”). You agree to accept these Terms and Conditions electronically. If you do not want to be bound by the Terms and Conditions, you may not use the Qalora Platform.

Description of the Qalora Platform

The Qalora Platform is built to provide a qualitative dealflow of start-ups and early stage companies (“Start-ups”) to angel investors. The Qalora Platform is defined as the tools and services which are offered to the registered users (the “Investor Users”) by Qalora, including any wholly-owned subsidiaries and affiliates of Qalora. This includes any and all of the content thereon and services provided by Qalora on or in conjunction with the Qalora Platform, including but not limited to, application program interfaces (API’s), storage and e-mail. You are required to register your user information with Qalora. The Investor Users agree that the Qalora Platform may include advertisements.

Users

As an Investor User you may be given access to sensitive and strictly confidential information about Start-ups and you should always use your discretion in how you use that information. Qalora does not recommend any investments. Thus, it is in the responsibility of the Investor User to do a due diligence and other necessary research about the Start-ups prior to any investment.

Fees

Qalora has the right to charge the Start-up a commission fee based on the invested capital from investor connections via Qalora. Furthermore, Qalora has the right to charge the Start-up a fixed starting fee for its services.

Limitation of Liability

The entrepreneur(s), or other authorized representative(s) of a Start-up (jointly the “Entrepreneur”), who submit an application for their Start-up to be featured on the Qalora Platform is entirely responsible for all content that the Entrepreneur uploads, posts, e-mails, transmits or otherwise makes available via the Qalora Platform. Under no circumstances will Qalora be liable in any way for any content, including, but not limited to, any errors or omissions in any content, or for any loss or damage of any kind incurred as a result of the use of any content posted, e-mailed, transmitted or otherwise made available via the Qalora Platform.

Using the Qalora Platform

Qalora has the right, at its sole discretion, to (i) reject any Investor User from creating an account as well as (ii) terminate the account of any Investor User without prior notice if such Investor User does not fulfill the requirements of registering as an Investor User or if such Investor User breaches any provision of these Terms of Service. Furthermore, Qalora has the right, at its sole discretion, to (i) reject any application from Entrepreneurs regarding a Start-up or (ii) remove any Start-up from the Qalora Platform without prior notice if such Start-up does not fulfil the requirements of being featured on the Qalora Platform or if Qalora learns, or has reason to suspect, that information given by the Entrepreneur about a Start-up is false, misleading or in any other way inaccurate.
Investor Users and Entrepreneurs agree not to use the Angler Platform to: 1. Upload any content that the Investor User or the Entrepreneur do not have a right to make available under any law or under contractual relationships (such as inside information, proprietary and confidential information learned or under non-disclosure agreements); or 2. Upload any content that infringes any patent, trademark, trade secret, copyright or other proprietary rights.

Information Accuracy

Investor Users and Entrepreneur are responsible to ensure that any registration data or other information provided to Qalora is true, current and complete at all times. In the event any such information is changed, Investor Users and Entrepreneurs undertakes to update its personal profile page and/or inform Qalora of such changes as soon as possible.

Passwords

During registration Investor Users will set their account access login and password. Investor Users are solely responsible for maintaining the confidentiality of such information and are solely responsible for any and all activities and/or postings that are made using their respective accounts. Investor Users undertake to notify Qalora of any suspicion that an unauthorized person has accessed its account.

Intellectual Property Rights

All information and content available on the Qalora Platform, including but not limited to trademarks, logos, service marks, copyrighted works, text, graphics, logos, button icons, images, audio/video clips, data compilations and software, and the compilation and organization thereof is the property of Qalora, its affiliates, partners or licensors, or is used with consent of the owner, and is protected by applicable Swedish laws, including laws governing copyrights and trademarks. The reproduction and use of any of these is strictly prohibited unless specific permission is provided by Qalora, on the Qalora Platform or otherwise. Any unauthorized use may violate copyright laws, trademark laws, privacy and publicity laws, foreign laws and international conventions.

Indemnification

Investor Users and Entrepreneurs agree and undertake to defend, indemnify and hold harmless Qalora, its shareholders, partners, affiliates, directors, officers, subsidiaries, employees, agents, licensees, distributors and content providers from all damages, liabilities, claims and expenses, including without limitation attorneys' fees and costs, arising from or related, directly or indirectly, to any misuse of the Qalora Platform or breach of these Terms of Service by the Investor User or Entrepreneur.

Disclaimer

None of Qalora, its affiliates, officers, directors, employees, agents, suppliers, or licensors (jointly the “Qalora Parties”) makes any warranties or representations about the Qalora Platform or its contents, including but not limited to their accuracy, reliability, completeness, or timeliness, or reliability. None of the Qalora Parties shall be subject to liability for any information made available on or through the Qalora Platform or for errors, mistakes or omissions therein or for any delays or interruptions of the data or information. Investor Users and Entrepreneurs agree to use the Qalora Platform solely at their own risk.
Qalora does not give business advice, investment advice, tax advice or legal advice to anyone using the Qalora Platform. Furthermore, Qalora is not, and does not claim to be, a broker, dealer or investment advisor of any kind and nothing in these Terms of Service shall constitute a sale or offer to buy or sell or recommendation of any securities or similar. Each Investor User undertakes to make his or her own investment decisions based upon his or her personal due diligence investigation of a Start-up and other personal investment criteria. Qalora is not responsible for and shall have no liability with respect to the actions or omissions of anyone using the Qalora Platform. Therefore, Investor Users and Entrepreneurs hereby waive and release any and all claims, causes of action or other rights that they might have against any of the Qalora Parties arising out of or relating to the submission of any information or material made available on or through the Qalora Platform.

Modification to the Qalora Platform

Qalora reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the services provided by Qalora on the Qalora Platform (or any part thereof) with or without notice. Investor Users and Entrepreneurs agree that Qalora shall not be liable whatsoever for any modification, suspension or discontinuance of the Qalora Platform.

Entire Agreement and Severability

These Terms of Service, together with the Privacy Notice and any other legal notices published by Qalora on the Qalora Platform, shall constitute the entire agreement between you and Qalora concerning the Qalora Platform. If any provision of these Terms of Service should be deemed invalid by a court of competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms of Service, which shall remain in full force and effect.

Amendments to the Terms of Service

Qalora may change these Terms of Conditions at any time and in its sole discretion. The modified Terms of Service will be effective immediately upon posting and Investor Users and Entrepreneurs agree to such new Terms of Service by continuing to use the Qalora Platform. If an Investor User or Entrepreneur do not agree with the modified Terms of Service, the only remedy is to discontinue using the Qalora Platform.

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