PorosVentures angel syndicate application & membership terms

1. Joining and investing independently

These terms apply to applications to join and participation in PorosVentures, the angel syndicate organised by Poros Group Ltd. Applying does not guarantee membership or access to any investment. When you apply, you are asked to self-certify your investor status — for example, as a certified high net worth individual or as a self-certified sophisticated investor — by confirming a declaration in the application form. A self-certification is your own declaration, made without verification by Poros Group Ltd: it is not legal certification or confirmation of eligibility, and any necessary checks and declarations must be completed separately before access to restricted opportunities.

Members decide independently whether to invest in each opportunity. Investments are made directly, in each investor’s own name and under separate investment documents. PorosVentures does not pool or hold members’ money, commit capital on their behalf, or require members to invest together. An application creates no obligation to invest.

You may end your membership at any time by notifying us at kash@porosgroup.co. Poros Group Ltd may also end your membership at any time by notifying you. Ending membership does not affect investments already made, separate investment documents or the continuing confidentiality obligations below.

2. No fees in either direction

PorosVentures charges neither investors nor companies fees for membership, introductions or participation in its investment opportunities. There are no joining, subscription, introduction, success or carried-interest fees payable to PorosVentures in either direction. Investors may still incur their own legal, tax or other third-party costs associated with a direct investment.

3. Information, not financial advice

Information shared by PorosVentures or its members — including company materials, discussions, opinions, introductions and diligence — is for information only. It is not financial, investment, legal or tax advice, a personal recommendation, or an assessment that an investment is suitable for you. Sharing an opportunity is not an endorsement or guarantee.

Information may be incomplete, inaccurate or change over time. You are responsible for your own independent diligence and decisions, and should obtain advice from an appropriately authorised independent financial adviser and your own legal or tax adviser where needed. Nothing in these terms removes any rights or duties that cannot lawfully be excluded.

4. Investment risk warning

Don’t invest unless you’re prepared to lose all the money you invest. These are high-risk investments, and you are unlikely to be protected if something goes wrong.

Investing in early-stage and unlisted companies can result in the loss of all your capital. Many companies fail. Shares may be illiquid: you may not be able to sell them, there may be no market for them, and any return or exit may take many years or never happen. Dividends are not guaranteed, later fundraising may dilute your ownership, and valuations and forecasts are uncertain.

Past performance is not a reliable indicator of future results. Tax treatment depends on individual circumstances and may change; tax relief is not guaranteed. Do not assume an investment is covered by the Financial Services Compensation Scheme or that the Financial Ombudsman Service can assist: protection depends on the specific investment and parties involved. Check before investing. Only invest money you can afford to lose and consider diversification rather than concentrating your savings in high-risk investments.

5. Privacy notice

Poros Group Ltd is the data controller responsible for the personal information collected when you apply to join PorosVentures and during your membership. It is a company registered in the United Kingdom, company number 17128108, with its registered office at 128 City Road, London, United Kingdom, EC1V 2NX. For privacy queries or to exercise your rights, contact kash@porosgroup.co.

We collect the information you submit: name, email, LinkedIn profile (if provided), investor status, typical ticket size, sectors of interest, what you bring beyond capital and how you heard about PorosVentures. We also record your acceptance of these terms, their version and the time the accepted application is received. Necessary website and email services may process technical delivery and security information.

We use this information to review your application, contact you about it, administer participation, understand your investment interests and keep a record of acceptance. Our lawful basis is our legitimate interest in running the group and responding to applications, subject to your rights; legal obligations may also apply where relevant. Approval of these terms is not consent to unrelated marketing.

Your application and acceptance record are emailed to kash@porosgroup.co. Access is limited to those who need it to review or administer applications, and the hosting and email service providers that process it on our behalf. We do not sell your application information. We will not share your profile with companies or other investors for introductions without first agreeing this with you, unless disclosure is required by law.

Information is retained only for as long as needed to assess applications, administer membership and meet applicable legal or record-keeping obligations, then deleted or anonymised. Retention is reviewed periodically. Where service providers process information outside the UK, applicable data-protection requirements and appropriate transfer safeguards must be met.

Depending on the circumstances, you may request access, correction, deletion, restriction or portability of your information, and object to processing based on legitimate interests. You can also complain to the UK Information Commissioner’s Office at ico.org.uk. Applications are reviewed by people, not decided solely by automated processing. Required application fields are needed for us to consider your application; optional fields can be left blank.

6. Confidential company information

Company information shared with you through PorosVentures, including pitch decks, data-room materials and non-public discussions, is confidential and may be used only to evaluate the relevant investment. Do not disclose, copy or distribute it outside that evaluation without the company’s prior permission. Share it with professional advisers only where necessary for that evaluation and where they are bound by confidentiality obligations. Follow any separate confidentiality agreement or data-room access conditions.

This obligation does not cover information that is lawfully public, was already lawfully known to you, or is independently obtained without a confidentiality restriction. Disclosure required by law is permitted; where lawful, notify the company beforehand. Confidentiality obligations continue after membership ends.

7. Your acknowledgement

By ticking the approval box and submitting your application to join the PorosVentures angel syndicate, you agree to these application and membership terms, including confidentiality and either side’s right to end membership, make any investor-status self-certification included in your application on the basis described in section 1, acknowledge the no-advice statement and investment risk warning, and acknowledge that you have read the privacy notice. This does not commit you to an investment, waive statutory rights, or replace any separate investment documents or regulatory checks.