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Smalt Capital

Smalt Capital

MARSEILLE, France·Founded 2000··smaltcapital.com

Créée en 2000, Smalt Capital est une société française de capital-investissement basée à Marseille, spécialisée dans le financement en fonds propres de PME non cotées, principalement dans la région Sud, Corse et La Réunion. Elle gère 345 millions d'euros de fonds et a accompagné plus de 400 entreprises, avec un engagement fort en finance responsable et transition énergétique.

AUM
Funds
4
vintages 2017–2021
Portfolio
79
Exits
14
SectorsIndustrialsConsumerHealthcareBusiness ServicesEnergy

Key facts

HQMARSEILLE, France
Founded2000

Recent exits

No exits recorded yet.

Coverage notes

4 funds tracked, 93 portfolio companies (79 active · 14 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Smalt Capital has raised, with its portfolio companies. Hand-checked from public filings.

4 funds
Obligations RelanceGrowth
2021 · 5yr5 active

Unrealized

5 held
SoftwareFrance
IndustrialsFrance
Business ServicesFrance
ConsumerFrance· Entry 2011
FPCI SUD HorizonGrowth
2020 · 6yr€40M10 active

Unrealized

10 held
IndustrialsFrance· Entry 2022
ConsumerFrance
ConsumerFrance
ConsumerFrance
HealthcareFrance· Entry 2022
SPSActive
IndustrialsFrance
FPCI RUNaissanceGrowth
2020 · 6yr€20M3 active

Unrealized

3 held
SFICRActive
IndustrialsFrance
ConsumerFrance· Entry 2019
Business ServicesFrance
FPCI RUN CroissanceGrowth
2017 · 9yr1 active

Unrealized

1 held
SFICRActive
France
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About Smalt Capital

Smalt Capital is a French venture capital firm headquartered in Paris with capital deployed across 5 active fund vehicles. Founded in 2000, the firm deploys institutional capital across early-stage and selective growth-stage equity rounds in European technology companies, with sector focus spanning industrials, consumer, healthcare, business services and energy.

Investment thesis

Smalt Capital targets European and selectively global early-stage and growth-stage technology companies across industrials, consumer, healthcare, business services and energy, deploying institutional venture capital across seed, Series A and Series B rounds. The firm emphasises hands-on operational support during the post-investment value-creation phase, leveraging founder and operator partners alongside institutional capital to support international expansion and category leadership across France and selectively across Europe. Average equity tickets vary by stage with reserve capital preserved for follow-on rounds across the platform.

Recent activity

Recent realised exits include Smalt Capital • Sarawak (diversified sectors, 2022), EGIDIUM TECHNOLOGIES (software, 2021), LABORATOIRE PRECILENS (software, 2021) and GLOBALLIANCE (software, 2020). The platform tracks 5 fund vehicles, 79 active portfolio companies and 14 realised exits across the strategy's history. Detailed buyer names and multiple data available on Pro at €29/month.

Last updated May 2026 · Sourced from public filings