Smart Capital is a Tunisia-based fund of funds and government-mandated investment manager focused on the Tunisian startup financing ecosystem. It manages ANAVA, a fund of funds backing VC funds, and Innovatech for direct investment in innovative Tunisian startups and SMEs. The firm focuses on Tunisia, with exposure to technology, TMT, FinTech, SaaS, AI, deep tech and related sectors, and states a ticket range of €7.5 million to €15 million.