Terms of Use

These terms of use (the “Terms of Use”) describe the terms and conditions under which users (“Users” or “you”) can use the Pitchdrive Platform (as defined hereafter).

The  Pitchdrive  Platform  is  operated  and  managed  by  Pitchdrive  NV,  registered  with  the Crossroads Bank of Enterprises under company number 0703.977.104 and having its registered office at Kleine Pieter Potstraat 8, 2000 Antwerp or by any of its affiliates (jointly the  “Company”  or  “we”).  If  you  have  any  questions  about  the  Pitchdrive  Platform  or  these Terms of Use, please contact us at info@pitchdrive.com.

1. Description of the Pitchdrive Platform

1.1 The Pitchdrive Platform is an application whereby amongst others (i) investors and start-ups are brought together based on “big data”, (ii) start-ups have the opportunity to present a business  case  and  their  financial  needs  to  a  number  of  selected  investors  and  (iii)  investors have  the  opportunity  to  provide  capital  or  other  financial  means  in  an  efficient  and  straight-forward manner to selected start-ups (the “Pitchdrive Platform”).  

2. Applicability

2.1  By  clicking  the  “I  agree”  button,  you  acknowledge  and  agree  that  your  use  of  the Pitchdrive Platform is exclusively governed by these Terms of Use. If you do not agree to any provision  of  these  Terms  of  Use,  you  may  not  use  in  any  manner  the  Pitchdrive  Platform, even if you already have an Account.

2.2 In the event the Pitchdrive Platform uses services of third parties, the terms of service and/or  privacy  policies  of  those  third  parties  may  apply. You  shall  be  notified  if  and  when  such third  party  terms  of  services  and/or  privacy  policies  are  applicable.  By  accessing  such  third party  service,  you  agree  to  comply  with  the  applicable  terms  and  you  acknowledge  that  you are the sole party to such terms. The Company cannot be held liable in any way with regard to the content of such third parties’ terms or privacy policy.

2.3 We reserve the right at any time, and from time to time, with or without cause to:

  • amend these Terms of Use;
  • change  the  Pitchdrive  Platform,  including  eliminating  or  discontinuing,  temporarily  or permanently  any  service  or  other  feature  of  the  Pitchdrive  Platform  without  any  liability against the User or any third parties; or  
  • deny  or  terminate,  in  part,  temporarily  or  permanently,  your  use  of  and/or  access  to  the Pitchdrive Platform as set forth herein.

DISCLAIMER:  Please  read  these  terms  of  use  carefully  before  using  the  Pitchdrive  Platform  (as defined  below).  By  clicking  the  “I  agree”  button,  you  agree  that  your  use  of  the  Pitchdrive  Platform shall be governed by these terms of use.

Any such amendments or changes made will be effective immediately upon us making such changes available in the Pitchdrive Platform or otherwise providing notice thereof. You agree that  your  continued  use  of  the  Pitchdrive  Platform  after  such  changes  constitutes  your acceptance of such changes.  

3. Use of the Pitchdrive Platform

3.1 To  use  the  Pitchdrive  Platform,  your  (mobile)  device  requires  a WIFI  or  mobile  internet connection. The access to such WIFI or mobile internet connection is your sole responsibility.

Please  make  sure  that  your  mobile  device  meets  the  minimum  system  requirements.  If  your mobile device does not meet these minimum system requirements, we cannot ensure that the Pitchdrive  Platform  will  function  properly.  The  Company  will  not  be  liable  for  any  loss  or damage arising from your failure to comply with the above requirements.  

3.2  You  shall  be  solely  responsible  for  maintaining  the  confidentiality  and  security  of  your Account  login  information  such  as  your  password  and  shall  be  fully  responsible  for  all activities  that  occur  under  your Account. You  agree  to  immediately  notify  any  unauthorized use,  or  suspected  unauthorized  use  of  your  account  or  any  other  breach  of  security.  The Company will not be liable for any loss or damage arising from your failure to comply with the above requirements.  

3.3  During  the  Term,  the  Company  may,  in  its  sole  discretion,  provide  you  with  certain updates of the Pitchdrive Platform. For the avoidance of doubt, the Company is not obligated to provide any updates of the Pitchdrive Platform.

4. License - restrictions

4.1 License by the Company. During the Term and subject to the timely payment of the Fees, the  Company  grants  you  a  non-exclusive,  personal,  restricted,  non-sublicensable  and  non-transferable license to use the Pitchdrive Platform in accordance with these Terms of Use (the “License”). You are not allowed to use the Pitchdrive Platform for any commercial purposes or  to  use  the  Pitchdrive  Platform  in  a  manner  not  authorised  by  the  Company. You  shall  use the  Pitchdrive  Platform  solely  in  full  compliance  with  (i)  these  Terms  of  Use;  (ii)  any additional instructions or policies issued by the Company, including, but not limited to, those posted within the Pitchdrive Platform and (iii) any applicable legislation, rules or regulations.

4.2  Restrictions.  You  agree  to  use  the  Pitchdrive  Platform  only  for  its  intended  use  as  set forth in these Terms of Use. Within the limits of the applicable law, you are not permitted to (i)  make  the  Pitchdrive  Platform  available  or  to  sell  or  rent  the  Pitchdrive  Platform  to  any third parties; (ii) adapt, alter, translate or modify in any manner the Pitchdrive Platform; (iii) sublicense,  lease,  rent,  loan,  distribute,  or  otherwise  transfer  the  Pitchdrive  Platform  to  any third party; (iv) decompile, reverse engineer, disassemble, or otherwise derive or determine or attempt to derive or determine the source code (or the underlying ideas, algorithms, structure or organization) of the Pitchdrive Platform; (v) use or copy the Pitchdrive Platform except as expressly  allowed  under  this  section  4;  (vi)  gain  unauthorized  access  to  accounts  of  other users or use the Pitchdrive Platform to conduct or promote any illegal activities; (vi) use the Pitchdrive  Platform  to  generate  unsolicited  email  advertisements  or  spam;  (vii)  impersonate any person or entity, or otherwise misrepresent your affiliation with a person or entity; (viii) use  any  high  volume  automatic,  electronic  or  manual  process  to  access,  search  or  harvest information  from  the  Pitchdrive  Platform  (including  without  limitation  robots,  spiders  or scripts);  (ix)  alter,  remove,  or  obscure  any  copyright  notice,  digital  watermarks,  proprietary legends  or  other  notice  included  in  the  Pitchdrive  Platform;  (x)  intentionally  distribute  any worms,  Trojan  horses,  corrupted  files,  or  other  items  of  a  destructive  or  deceptive  nature  or use  the  Pitchdrive  Platform  for  any  unlawful,  invasive,  infringing,  defamatory  or  fraudulent purpose;  or  (x)  remove  or  in  any  manner  circumvent  any  technical  or  other  protective measures in the Pitchdrive Platform.

Except  as  expressly  set  forth  herein,  no  express  or  implied  license  or  right  of  any  kind  is granted  to  you  regarding  the  Pitchdrive  Platform  thereof,  including  but  not  limited  to  any right to obtain possession of any source code, data or other technical material relating to the Pitchdrive Platform.

4.3 License by User. By uploading, creating or otherwise providing any information, data, or content through the Pitchdrive Platform (the “User Content”), you grant the Company a non-exclusive,  royalty-free,  worldwide,  sublicensable,  transferable,  license  to  use,  copy,  store, modify,  transmit  and  display  such  User  Content  to  the  extent  necessary  to  provide  and maintain  the  Pitchdrive  Platform.  The  Company  reserves  the  right,  but  is  not  obliged,  to review and remove any User Content which is deemed to be in violation with the provisions of these Terms of Use or otherwise inappropriate, any rights of third parties or any applicable legislation or regulation.

5. Ownership

5.1  As  between  the  User  and  the  Company,  the  Pitchdrive  Platform  and  all  Intellectual Property  Rights  pertaining  thereto,  are  the  exclusive  property  of  the  Company  and/or  its licensors.

5.2  All  rights,  titles  and  interests  in  and  to  the  Pitchdrive  Platform  or  any  part  thereof  not expressly  granted  to  the  User  in  this  Agreement  are  reserved  by  the  Company  and  its licensors.  

6. Suspension for breach

If  the  Company  becomes  aware  or  suspects,  in  its  sole  discretion,  any  violation  by  you  of these Terms of Use, or any other instructions, guidelines or policies issued by the Company, then the Company may suspend or limit your access to the Pitchdrive Platform. The duration of any suspension by the Company will be until you have cured the breach which caused such suspension or limitation.

7. Support  

In  case  you  need  technical  support,  you  can  contact  us  on  the  following  e-mail  address: info@pitchdrive.com.  

8. Liability  

8.1 To the maximum extent permitted under applicable law, the Company shall only be liable for  personal  injury  or  any  damages  resulting  from  (i)  its  gross  negligence;  (ii)  its  willful misconduct or (iii) any fraud committed by the Company.

8.2 To  the  extent  legally  permitted  under  applicable  law,  the  Company  shall  not  be  liable  to the  User  or  any  third  party,  for  any  special,  indirect,  exemplary,  punitive,  incidental  or consequential  damages  of  any  nature  including,  but  not  limited  to  damages  or  costs  due  to loss of profits, data, revenue, goodwill, production of use, procurement of substitute services, or  property  damage  arising  out  of  or  in  connection  with  the  Pitchdrive  Platform  under  these Terms of Use, including but not limited to any miscalculations, or the use, misuse, or inability to  use  the  Pitchdrive  Platform,  regardless  of  the  cause  of  action  or  the  theory  of  liability, whether  in  tort,  contract,  or  otherwise,  even  if  the  Company  have  been  notified  of  the likelihood of such damages.  

8.3 You agree that the Company can only be held liable as per the terms of this section 8 to the  extent  damages  suffered  by  you  are  directly  attributable  to  the  Company.  For  the avoidance  of  doubt,  the  Company  shall  not  be  liable  for  any  claims  resulting  from  (i)  your unauthorized use of the Pitchdrive Platform, (ii) your or any third party’s modification of (any parts)  of  the  Pitchdrive  Platform,  (iii)  your  failure  to  use  the  most  recent  version  of  the Pitchdrive Platform made available to you or your failure to integrate or install any corrections  to  the  Pitchdrive  Platform  issued  by  the  Company,  or  (iv)  your  use  of  the Pitchdrive Platform in combination with any non-Company products or services. The exclusions and limitations of liability under this section shall operate to the benefit of any of Company’s  affiliates  and  subcontractors  under  these  Terms  of  Use  to  the  same  extent  such provisions operate to the benefit of the Company.

9. Warranties and disclaimers

9.1  By  the  Company.  Except  as  expressly  provided  in  this  section  9  and  to  the  maximum extent  permitted  by  applicable  law,  the  Pitchdrive  Platform  is  provided  “AS  IS,”  and  the Company makes no (and hereby disclaims all) other warranties, covenants or representations, or  conditions,  whether  written,  oral,  express  or  implied  including,  without  limitation,  any implied warranties of satisfactory quality, course of dealing, trade usage or practice, merchantability, suitability, availability, title, non-infringement, or fitness for a particular use or purpose, with respect to the use, misuse, or inability to use the Pitchdrive Platform or any other  products  or  services  provided  to  the  User  by  the  Company.  The  Company  does  not warrant  that  all  errors  can  be  corrected,  or  that  access  to  or  operation  of  the  Pitchdrive Platform shall be uninterrupted, secure, or error-free. The User acknowledges and agrees that there  are  risks  inherent  to  transmitting  information  over  and  storing  information  on  the internet  and  that  the  Company  is  not  responsible  and  cannot  be  held  liable  for  any  losses  of your data, including but not limited to the User Content.

9.2  By  User.

You  represent  and  warrant  to  the  Company  that  (a)  you  have  the  authority  to enter  into  this  binding  agreement  personally  and  (b)  any  User  Content  provided  by  you  is accurate and truthful and shall not (i) infringe any Intellectual Property Rights of third parties;

(ii)  misappropriate  any  trade  secret;  (iii)  be  deceptive,  defamatory,  obscene,  pornographic  or unlawful;  (iv)  contain  any  viruses,  worms  or  other  malicious  computer  programming  codes intended  to  damage  Company’s  system  or  data;  or  (v)  otherwise  violate  the  rights  of  a  third party. The  User  acknowledges  and  agrees  that  the  Company  is  not  obligated  to  back  up  any User Content. You agree that any use of the Pitchdrive Platform contrary to or in violation of these  representations  and  warranties  shall  constitute  unauthorized  and  improper  use  of  the Pitchdrive Platform for which the Company cannot be held liable.

10. Indemnification

10.1  By  the  Company.  The  Company  shall  defend  and  indemnify  you  as  specified  herein against any founded and well-substantiated claims brought by third parties to the extent such claim is based on an infringement of the Intellectual Property Rights of such third party by the Pitchdrive Platform and excluding any claims resulting from (i) your unauthorized use of the Pitchdrive  Platform,  (ii)  your  or  any  third  party’s  modification  of  any  of  the  Pitchdrive Platform,  (iii)  your  failure  to  use  the  most  recent  version  of  the  Pitchdrive  Platform  made available  to  you,  or  your  failure  to  install  any  corrections  or  updates  to  such  Pitchdrive Platform issued by the Company, if the Company indicated that such update or correction was required  to  prevent  a  potential  infringement,  or  (iv)  your  use  of  the  Pitchdrive  Platform  in combination with any non-Company products or services.

Such indemnity obligation shall be conditional upon the following: (i) the Company is given prompt  written  notice  of  any  such  claim;  (ii)  the  Company  is  granted  sole  control  of  the defense  and  settlement  of  such  a  claim;  (iii)  upon  the  Company’s  request,  the  User  fully cooperates with the Company in the defense and settlement of such a claim, at the Company’s expense;  and  (iv)  the  User  makes  no  admission  as  to  the  Company’s  liability  in  respect  of such a claim, nor does the User agree to any settlement in respect of such a claim without the Company’s  prior  written  consent.  Provided  these  conditions  are  met,  the  Company  shall indemnify the User for all damages and costs incurred by the User as a result of such a claim, up to an amount equal to the Fees paid by the Company for you during the previous month.  

In  the  event  the  Pitchdrive  Platform,  in  Company’s  reasonable  opinion,  are  likely  to  or become the subject of a third-party infringement claim (as per this section 10.1), the Company shall  have  the  right,  at  its  sole  option  and  expense,  to:  (i)  modify  the  ((allegedly)  infringing part of the Pitchdrive Platform so that it becomes non-infringing while preserving materially equivalent  functionalites;  (ii)  obtain  for  the  User  a  license  to  continue  using  the  Pitchdrive Platform  in  accordance  with  these  Terms  of  Use;  or  (iii)  terminate  the  Terms  of  Use  and refund  up  to  an  amount  equal  to  the  Fees  paid  by  the  Company  for  you  during  the  previous month.

The foregoing states the entire liability and obligation of the Company and the sole remedy of the User with respect to any infringement or alleged infringement of any Intellectual Property Rights caused by the Pitchdrive Platform or any part thereof.

10.2 By User. You hereby agree to indemnify and hold harmless the Company and its current and future affiliates, officers, directors, employees, agents and representatives from each and every demand, claim, loss, liability, or damage of any kind whatsoever, including reasonable attorney’s fees, whether in tort or in contract, that it or any of them may incur by reason of, or arising  out  of,  any  claim  which  is  made  by  any  third  party  with  respect  to  (i)  any  breach  or violation by you of any provisions of these Terms of Use or any other instructions or policies issued by the Company; (ii) any User Content violating any Intellectual Property Rights of a third party and (iii) fraud, intentional misconduct, or gross negligence committed by you.

11. Term and termination

11.1 The Company shall grant you a license on the Pitchdrive Platform during the Term as set out  under  this  Agreement,  unless  these  Terms  of  Use  are  terminated  in  accordance  with section 11.2.  

At  the  end  of  the Term,  any  user  rights  on  the  Pitchdrive  Platform  that  were  granted  to  you under these Terms of Use shall automatically expire.  

11.2  Termination  for  breach.  The  Company  may  terminate  with  immediate  effect  these Terms of Use and your right to access and use of the Pitchdrive Platform (i) if the Company believes  or  has  reasonable  grounds  to  suspect  that  you  are  violating  these  Terms  of  Use (including but not limited to any violation of the Intellectual Property Rights of the Company) or any other guidelines or policies issued by the Company or (ii) if you remain suspended for non-payment for more than 60 (sixty) calendar days.  

11.3  Effects  of  termination.  Upon  the  termination  of  these  Terms  of  Use  for  any  reason whatsoever  in  accordance  with  the  provisions  of  these  Terms  of  Use,  at  the  moment  of effective  termination:  (i)  you  will  no  longer  be  authorized  to  access  or  use  the  Pitchdrive Platform and (ii) all rights and obligations of the Company or the User under these Terms of Use  shall  terminate,  except  those  rights  and  obligations  under  those  sections  specifically designated in section 12.6.  

12. Miscellaneous  

12.1  Force  Majeure.  The  Company  shall  not  be  liable  for  any  failure  or  delay  in  the performance of its obligations with regard to the Pitchdrive Platform if such delay or failure is due to causes beyond our control including by not limited to acts of God, war, strikes or labor disputes,  embargoes,  government  orders,  telecommunications,  network,  computer,  server  or Internet  downtime,  unauthorized  access  to  Company’s  information  technology  systems  by third  parties  or  any  other  cause  beyond  the  reasonable  control  of  the  Company  (the  “Force Majeure  Event”).  We  shall  notify  you  of  the  nature  of  such  Force  Majeure  Event  and  the effect on our ability to perform our obligations under these Terms of Use and how we plan to mitigate the effect of such Force Majeure Event.

12.2  Severability.  If  any  provision  of  these  Terms  of  Use  are,  for  any  reason,  held  to  be invalid or unenforceable, the other provisions of these Terms of Use will remain enforceable and  the  invalid  or  unenforceable  provision  will  be  deemed  modified  so  that  it  is  valid  and enforceable to the maximum extent permitted by law.  

12.3 Waiver. Any failure to enforce any provision of the Terms of Use shall not constitute a waiver thereof or of any other provision.

12.4  Assignment.  You  may  not  assign  or  transfer  these  Terms  of  Use  or  any  rights  or obligations to any third party. The Company shall be free to (i) transfer or assign (part of) its obligations  or  rights  under  the  Terms  of  Use  to  one  of  its  affiliates  and  (ii)  to  subcontract performance  or  the  support  of  the  performance  of  these  Terms  of  Use  to  its  affiliates,  to individual  contractors  and  to  third  party  service  providers  without  prior  notification  to  the User.

12.5  Notices.  All  notices  from  the  Company  intended  for  receipt  by  you  shall  be  deemed delivered  and  effective  when  sent  to  the  email  address  provided  by  you  on  your  account.  If you change this email address, you must update your email address on your personal settings page.

12.6  Survival.  Sections  5,  9,  10  and  11  shall  survive  any  termination  or  expiration  of  these Terms of Use.

13.7 Governing law and jurisdiction. These Terms of Use shall be exclusively governed by and  construed  in  accordance  with  the  laws  of  Belgium,  without  giving  effect  to  any  of  its conflict of law principles or rules. The courts and tribunals of Antwerp, section Antwerp shall have sole jurisdiction should any dispute arise relating to these Terms of Use.

13. Definitions

“Account”  means  your  account  for  the  Pitchdrive  Platform  which  shall  be  provided  to  you following your subscription;

“Agreement”  means  the  agreement  concluded  between  the  Company  and  you  relating  to  the use of the Pitchdrive Platform;  

“Fees” means the fees to be paid to the Company for the use of the Pitchdrive Platform as set out in the Agreement;

“Intellectual  Property  Rights”  means  any  and  all  now  known  or  hereafter  existing  (a)  rights associated  with  works  of  authorship,  including  copyrights,  mask  work  rights,  and  moral rights;  (b)  trademark  or  service  mark  rights;  (c)  trade  secret  rights,  know-how;  (d)  patents, patent  rights,  and  industrial  property  rights;  (e)  layout  design  rights,  design  rights,  (f)  trade and  business  names,  domain  names,  database  rights,  rental  rights  and  any  other  industrial  or intellectual  proprietary  rights  or  similar  right  (whether  registered  or  unregistered);  (g)  all registrations,  applications  for  registration,  renewals,  extensions,  divisions,  improvements  or reissues relating to any of these rights and the right to apply for, maintain and enforce any of the preceding items, in each case in any jurisdiction throughout the world;

“User Content” means all feedback, information data or answers provided by the User via the Pitchdrive Platform; and “Term” means the period as agreed upon between the Company and you in the Agreement.  

Last revision: March 2023.