Privacy 
Policy

With this privacy policy,we provide information about the processing of personal data in accordance withArt. 14 of the EU General Data Protection Regulation (hereinafter referred toas GDPR). This privacy policy applies to all personal data processed by uswithin the company and to all personal data processed by companies commissionedby us (processors). The scope of this privacy policy covers:

·          all online presences (websites, online shops) that weoperate

·          social media presences and email communication

·          mobile apps for smartphones and other devices‍

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1. Definitions

In this data protection declaration, we use the following terms:

• Personal data: Personal data means any information relating to an identified or identifiable natural person (“data subject”). An identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person.
• Data subject: Data subject is any identified or identifiable natural person, whose personal data is processed by the controller responsible for the processing.
• Processing: Processing is any operation or set of operations which is performed on personal data or on sets of personal data, whether or not by automated means, such as collection, recording, organisation, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure or destruction.
• Restriction of processing: Restriction of processing is the marking of stored personal data with the aim of limiting their processing in the future.
• Profiling: Profiling means any form of automated processing of personal data consisting of the use of personal data to evaluate certain personal aspects relating to a natural person, in particular to analyse or predict aspects concerning that natural person’s performance at work, economic situation, health, personal preferences, interests, reliability, behaviour, location or movements.
• Pseudonymisation: Pseudonymisation is the processing of personal data in such a manner that the personal data can no longer be attributed to a specific data subject without the use of additional information, provided that such additional information is kept separately and is subject to technical and organisational measures to ensure that the personal data are not attributed to an identified or identifiable natural person.
• Controller or controller responsible for the processing: Controller or controller responsible for the processing is the natural or legal person, public authority, agency or other body which, alone or jointly with others, determines the purposes and means of the processing of personal data; where the purposes and means of such processing are determined by Union or Member State law, the controller or the specific criteria for its nomination may be provided for by Union or Member State law.
• Processor: Processor is a natural or legal person, public authority, agency or other body which processes personal data on behalf of the controller.
• Recipient: Recipient is a natural or legal person, public authority, agency or another body, to which the personal data are disclosed, whether a third party or not. However, public authorities which may receive personal data in the framework of a particular inquiry in accordance with Union or Member State law shall not be regarded as recipients; the processing of those data by those public authorities shall be in compliance with the applicable data protection rules according to the purposes of the processing.
• Third party: Third party is a natural or legal person, public authority, agency or body other than the data subject, controller, processor and persons who, under the direct authority of the controller or processor, are authorised to process personal data.
• Consent: Consent of the data subject is any freely given, specific, informed and unambiguous indication of the data subject’s wishes by which he or she, by a statement or by a clear affirmative action, signifies agreement to the processing of personal data relating to him or her.

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2. Name and Address of the controller

Controller for the purposes of the General Data Protection Regulation (GDPR) is:

TUM Venture Labs Management gGmbH
Lichtenbergstrasse 6
85748 Garching near Munich
Germany

E-Mail: contact@tum-venture-labs.de
Website: https://www.tum-venture-labs.de/

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3) Data Protection Officer

The Data Protection Officer of the controller is:
Alexander Stolberg-Stolberg
SVF Rechtsanwälte
Oberanger 30
80331 Munich
Germany

E-mail: stolberg@unternehmertum.de
Website: www.svf-law.de

Any data subject may, at any time, contact our Data Protection Officer directly with all questions and suggestions concerning data protection.

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4) Collection of general data and information

Our website collects a series of general data and information when a data subject or automated system calls up the website. This general data and information are stored in the server log files. Collected may be

• the browser types and versions used,
• the operating system used by the accessing system,
• the website from which an accessing system reaches our website (so-called referrers),
• the sub-websites,
• the date and time of access to the Internet site,
• an Internet protocol address (IP address),
• the Internet service provider of the accessing system, and
• any other similar data and information that may be used in the event of attacks on our information technology systems.

When using these general data and information, we do not draw any conclusions about the data subject. Rather, this information is needed to

• deliver the content of our website correctly,
• optimize the content of our website as well as its advertisement,
• ensure the long-term viability of our information technology systems and website technology, and
• provide law enforcement authorities with the information necessary for criminal prosecution in case of a cyber-attack.

Therefore, we analyzes anonymously collected data and information statistically, with the aim of increasing the data protection and data security of our enterprise, and to ensure an optimal level of protection for the personal data we process. The anonymous data of the server log files are stored separately from all personal data provided by a data subject.

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5) Purpose of the data processing

The processing of the above data is carried out,

• to enable the use of the website in technical terms
• to authenticate and authorize a user to use the website (e.g. when using paid online services)
• to create pseudonymous usage statistics for us and our users (e.g. evaluation of usage for optimization and marketing purposes, in particular to make product improvements)
• to document possible contract conclusions and consents in a legally compliant manner
• to prevent data misuse and to investigate criminal offences

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6) Cookies

We use cookies. Cookies are text files that are stored in a computer system via an Internet browser. Many Internet sites and servers use cookies. Many cookies contain a so-called cookie ID. A cookie ID is a unique identifier of the cookie. It consists of a character string through which Internet pages and servers can be assigned to the specific Internet browser in which the cookie was stored. This allows visited Internet sites and servers to differentiate the individual browser of the data subjects from other Internet browsers that contain other cookies. A specific Internet browser can be recognized and identified using the unique cookie ID.
Through the use of cookies, we can provide the users of this website with more user-friendly services that would not be possible without the cookie setting.
By means of a cookie, the information and offers on our website can be optimized with the user in mind. Cookies allow us, as previously mentioned, to recognize our website users. The purpose of this recognition is to make it easier for users to utilize our website. The website user that uses cookies, e.g. does not have to enter access data each time the website is accessed, because this is taken over by the website, and the cookie is thus stored on the user’s computer system. Another example is the cookie of a shopping cart in an online shop. The online store remembers the articles that a customer has placed in the virtual shopping cart via a cookie.
The data subject may, at any time, prevent the setting of cookies through our website by means of a corresponding setting of the Internet browser used, and may thus permanently deny the setting of cookies. Furthermore, already set cookies may be deleted at any time via an Internet browser or other software programs. This is possible in all popular Internet browsers. If the data subject deactivates the setting of cookies in the Internet browser used, not all functions of our website may be entirely usable.

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7) Mail contact and contact forms

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If you contact us via an e-mail address provided by us, we will store the data you provide with the e-mail. If you have the option of contacting us via a contact form on our website, the data you provide will be stored by us. The data is stored for the purpose of processing the request transmitted with your communication and, if necessary, to contact you. The legal basis is Art. 6 para. 1 p. 1 lit. f GDPR; our legitimate interest is the appropriate response to contact requests. If the request is directed towards the conclusion of a contract, the legal basis is also Art. 6 para. 1 p. 1 lit. b) GDPR.

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8) Webflow

This website is built and hosted using Webflow, a web design and hosting platform provided by Webflow, Inc., 398 11th Street, 2nd Floor, San Francisco, CA 94103, USA. When you visit our website, your browser establishes a connection with Webflow's servers. In the course of this, certain data is automatically collected and stored in server log files, including your IP address, browser type and version, operating system, referring URL, pages visited, date and time of access, and other technical data necessary to deliver the website content. This data is processed for the purpose of ensuring the stable and secure operation of our website.
Webflow may also use cookies or similar technologies to enable core website functionality. Further information about Webflow's use of cookies can be found in Webflow's cookie policy.
Webflow processes data on servers located in the United States. As the European Court of Justice has determined that the USA does not currently provide an adequate level of data protection (Case C-311/18, "Schrems II"), data transfers to Webflow are safeguarded by standard contractual clauses (Art. 46 para. 2 and 3 GDPR) adopted by the European Commission (Commission Implementing Decision (EU) 2021/914). These clauses are intended to ensure that your data is afforded a level of protection comparable to European data protection standards, even when processed in the USA.

The legal basis for the processing is Art. 6 para. 1 lit. f GDPR. Our legitimate interest lies in the reliable, secure, and efficient provision of our website. Insofar as cookies or similar technologies are used that are not strictly necessary for the operation of the website, the legal basis is your consent pursuant to Art. 6 para. 1 lit. a GDPR and § 25 para. 1 TTDSG. You may revoke your consent at any time with effect for the future.
For further information on Webflow's data processing practices, please refer to Webflow's privacy policy at https://webflow.com/legal/privacy.

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9) Routine erasure and blocking of personal data

The data controller shall process and store the personal data of the data subject only for the period necessary to achieve the purpose of storage, or as far as this is granted by the European legislator or other legislators in laws or regulations to which the controller is subject to. If the storage purpose is not applicable, or if a storage period prescribed by the European legislator or another competent legislator expires, the personal data are routinely blocked or erased in accordance with legal requirements.

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10) Storage period

The personal data of the data subject will be deleted or blocked as soon as the purpose of the storage no longer applies. In addition, storage may take place if this has been provided for by the European or national legislator in Union regulations, laws or other provisions to which our company is subject (e.g. statutory retention periods). Data will also be blocked or deleted if a storage period prescribed by the aforementioned standards expires, unless there is a need to continue storing the data for the conclusion or performance of a contract. In the event of legal disputes, special statutory provisions may require a longer retention period, such as compliance with statutory limitation provisions. According to §§ 195 ff. of the German Civil Code (BGB), the regular limitation period for claims is between one and three years, but can also be up to thirty years.

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11) Provision of personal data as statutory or contractual requirement

We clarify that the provision of personal data is partly required by law (e.g. tax regulations) or can also result from contractual provisions (e.g. information on the contractual partner). Sometimes it may be necessary to conclude a contract that the data subject provides us with personal data, which must subsequently be processed by us. The data subject is, for example, obliged to provide us with personal data when our company signs a contract with him or her. The non-provision of the personal data would have the consequence that the contract with the data subject could not be concluded. Before personal data is provided by the data subject, the data subject must contact our Data Protection Officer. Our Data Protection Officer clarifies to the data subject whether the provision of the personal data is required by law or contract or is necessary for the conclusion of the contract, whether there is an obligation to provide the personal data and the consequences of non-provision of the personal data.

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12) Legal basis

We only process your data if at least one of the following conditions applies:

1. Consent (Art. 6(1)(a) GDPR): You have given us your consent to process data for a specific purpose. An example would be the storage of your data entered in a contact form.
2. Contract (Art. 6(1)(b) GDPR): We process your data in order to fulfil a contract or pre-contractual obligations with you. For example, if we conclude a purchase contract with you, we need personal information in advance.
3. Legal obligation (Art. 6(1)(c) GDPR): If we are subject to a legal obligation, we process your data. For example, we are legally obliged to retain invoices for accounting purposes. These usually contain personal data.
4. Legitimate interests (Art. 6(1)(f) GDPR): In the case of legitimate interests that do not restrict your fundamental rights, we reserve the right to process personal data. For example, we need to process certain data in order to operate our website securely and economically. This processing is therefore a legitimate interest.

Other conditions, such as the performance of tasks carried out in the public interest and the exercise of official authority, as well as the protection of vital interests, do not generally apply to us. If such a legal basis should nevertheless be relevant, it will be provided.

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13) TLS encryption

We use HTTPS (Hypertext Transfer Protocol Secure) to transmit data securely over the Internet. This means that the entire transfer of all data from your browser to our web server is secure.

This has enabled us to introduce an additional layer of security and comply with data protection through technology design (Article 25(1) GDPR). By using TLS (Transport Layer Security), an encryption protocol for secure data transmission on the internet, we can ensure the protection of confidential data. If you would like to know more about encryption, we recommend searching Google for ‘Hypertext Transfer Protocol Secure wiki’ to find useful links to further information.

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14) Data processing in third countries

If we process data in a third country (i.e. outside the European Union (EU) or the European Economic Area (EEA)) or if processing takes place in connection with the use of third-party services or the disclosure or transfer of data to other persons, bodies or companies, this is only done in accordance with the legal requirements. Subject to express consent or transfer required by contract or law, we only process or have the data processed in third countries with a recognised level of data protection, contractual obligations through so-called standard protection clauses of the EU Commission, in the presence of certifications or binding internal data protection regulations. (Art. 44 to 49 GDPR, information page of the European Commission: https://ec.europa.eu/info/law/law-topic/data-protection/international-dimension-da

15) Your rights

In accordance with Articles 13 and 14 of the GDPR, we hereby inform you of the following rights to which you are entitled in order to ensure fair and transparent data processing:

You have the right

1. to request information about the categories of data processed, the purposes of processing, any recipients of the data, and the planned storage period (Article 15 GDPR);
2. to request the rectification or completion of inaccurate or incomplete data (Article 16 GDPR);
3. to withdraw your consent at any time with effect for the future (Art. 7(3) GDPR);
4. to object to data processing that is to be carried out on the basis of a legitimate interest for reasons arising from your particular situation (Art. 21(1) GDPR);
5. in certain cases, to request the erasure of data within the scope of Art. 17 GDPR – in particular if the data is no longer necessary for the intended purpose or is being processed unlawfully, or if you have revoked your consent in accordance with (c) above or have lodged an objection in accordance with (d) above;
6. to request the restriction of data under certain conditions, insofar as deletion is not possible or the obligation to delete is disputed (Art. 18 GDPR);
7. to data portability, i.e. you can receive the data you have provided to us in a commonly used machine-readable format such as CSV and, if necessary, transfer it to others (Art. 20 GDPR);
8. to lodge a complaint with the competent supervisory authority regarding data processing.