Backing the technology shaping what comes next.

SM Capital is an investment and advisory firm connecting Europe, the United States and MENA to accelerate transformative technologies.

OUR APPROACH →
01

Invest

Direct and fund investments in high-potential technology companies.

02

Partner

Strategic support to founders and funds across key global markets.

03

Connect

A unique network between Europe, Silicon Valley and MENA.

A person looking out over a city skyline

A global perspective.
A long-term approach.

We back people and technologies that can define the next decade.

EXPLORE PORTFOLIO →
OUR APPROACH

A strategic bridge between markets, capital and innovation.

We invest and collaborate across Europe, Silicon Valley and MENA, with a focus on fintech, transformative technologies and long-term value creation.

Night map of the world connecting Silicon Valley, Europe and MENA
EUROPEDeep tech and enterprise innovation.
SILICON VALLEYGlobal technology leaders and frontier innovation.
MENAStrategic capital and high-growth opportunities.

How we work

01SourceAccess through a global network of founders, funds and operators.
02EvaluateDeep sector expertise and rigorous analysis.
03Invest & PartnerCapital, strategic support and long-term collaboration.
04ScaleConnecting our portfolio across markets and opportunities.
PORTFOLIO

A global portfolio of category-defining companies.

We invest in and partner with exceptional founders and leading funds across transformative technologies.

Companies

SpaceX
SPACEXIPOSectorAerospaceGeographyUnited States

Reusable rockets and satellite internet.

Palantir
PALANTIRIPOSectorSoftware · AIGeographyUnited States

AI and data platforms for government and enterprise.

Nubank
NUBANKIPOSectorFintech · Digital bankingGeographyLatin America

Digital bank serving Brazil, Mexico and Colombia.

SambaNova
SAMBANOVAUnicornSectorAI infrastructureGeographyUnited States

Enterprise and sovereign AI infrastructure.

Tabby
TABBYUnicornSectorFintech · Consumer creditGeographyMiddle East & North Africa

Consumer credit and money management across the Gulf.

BKN301
BKN301SectorFintech · Financial infrastructureGeographyUnited Kingdom

Financial data and banking infrastructure.

Planky
PLANKYSectorFintech · Open bankingGeographyUnited Kingdom

Open banking analytics and financial data intelligence.

Keepz
KEEPZSectorFintech · PaymentsGeographyGeorgia

Digital payments for merchants in Georgia.

Qomodo
QOMODOSectorFintech · PaymentsGeographyItaly

In-store payments and instalment finance.

SignalRank
SIGNALRANKSectorVenture platformGeographyUnited States

Data-driven access to Series B companies.

Rent2Cash
RENT2CASHSectorFintech · ProptechGeographyItaly

Rental-income advances for property owners.

Praetori
PRAETORISectorDefence techGeographyEurope

Sovereign software for defence and critical decisions.

Clone.Me
CLONE.MEExitedSectorAgentic AIGeographyUnited States

Enterprise AI agents and workflow automation.

Fankee
FANKEESectorFintech · MusicGeographyItaly

Music releases, fan participation and royalties.

Golee
GOLEESectorSports tech · SaaSGeographyItaly

Management software for sports clubs.

Spiagge.it
SPIAGGE.ITExitedSectorTravel tech · SaaSGeographyItaly

Beach booking and management platform.

Skillwill College
SKILLWILL COLLEGESectorEdTechGeographyGeorgia

Digital skills and technology education.

Digital360
DIGITAL360SectorDigital transformationGeographyItaly

Digital transformation services and SaaS for businesses.

Slesh
SLESHExitedSectorFintechGeographyItaly

Early-stage fintech investment, exited.

Funds

Lightspeed Faction
LIGHTSPEED FACTIONFundLightspeed Faction IIFocusBlockchain infrastructureGeographyUnited States
Darwin Ventures
DARWIN VENTURESFundDarwin Fund VIFocusFund of fundsGeographyUnited States
Harmonic
HARMONICFundHarmonic IIFocusGrowth-stage software · AIGeographyUnited States
Narya
NARYAFundNarya Fund IIFocusEarly-stage technologyGeographyUnited States
Blank
BLANKFundBlank Fund IFocusEarly-stage fintechGeographyUnited States
Founder Institute
FOUNDER INSTITUTEFundFI Select Portfolio IIIFocusPre-seed portfolioGeographyGlobal
OUR TEAM

A global team with a shared conviction in technology and people.

We combine investment experience, operational expertise and a global network to support extraordinary founders and funds across three key regions.

Partners

Stiven Muccioli
Stiven
Muccioli
CEO & Founder
STIVEN MUCCIOLICEO & Founder

Stiven is the Founder and CEO of SM Capital and BKN301, leading the development of a pan-regional fintech platform connecting Europe, MENA, and Africa. A serial fintech entrepreneur, he has successfully founded and exited multiple ventures and raised capital from global investors including Azimut, CDP Venture Capital, BlackRock, and Prosus. He previously co-founded Ventis, later sold to Iccrea and now operating as Numia, and founded Tippest, one of Italy’s largest e-commerce platforms and a leading Groupon competitor. He is also an early investor in SpaceX, Nubank, and Palantir.

Charlie Jadallah
Charlie
Jadallah
Operating Partner
CHARLIE JADALLAHOperating Partner

Charlie is a serial fintech and venture investor with multiple successful exits and a long-standing track record in Silicon Valley’s innovation ecosystem. He was part of the early team at Netscape, later acquired by AOL, one of the landmark transactions of the Internet era. Charlie went on to found Merchant e- Solutions, subsequently acquired by Visa Brazil/Cielo, and later held executive roles at Visa and Darwin Ventures, where he serves as Partner. At Darwin Ventures, he invested in top- tier U.S. venture funds such as Founders Fund, True Ventures, Bond Capital, Spark Capital, and Index Ventures, backing more than 40 global unicorns including SpaceX, Palantir, Airbnb, Stripe, Slack, Uber, and Revolut.

Luca Bertozzi
Luca
Bertozzi
Operating Partner
LUCA BERTOZZIOperating Partner

Luca Bertozzi is the Co-founder and CFO of BKN301, where he leads the company’s expansion across Europe, MENA, and Africa as a digital banking architecture provider. He is a seasoned finance executive with over 15 years of experience in fintech and venture finance, combining deep fund-structuring expertise with operational leadership. Luca previously co-founded Ventis, later sold to Iccrea (now Numia), and co-led Tippest, one of Italy’s leading e-commerce ventures and a major Groupon competitor.

Investment Team

Diego Frisoni
Diego
Frisoni
Investment Executive
DIEGO FRISONIInvestment Executive

Diego is a data-driven investment professional with strong management capabilities and experience in Fintech and VC. Before his current role, he covered roles in investment banking and M&A, and later contributed to the development of strategic project and investor relations of the fintech scale-up BKN301. He holds a Bachelor’s degree with top honors in Management Engineering from the University of Parma and pursued studies at the Politecnico di Milano, one of Europe’s most renowned technical universities.

Francesco Gessaroli
Francesco
Gessaroli
Investment Associate
FRANCESCO GESSAROLIInvestment Associate

Francesco is an Investment Associate at SM Capital, focused on venture capital, strategic finance and technology investments across Europe, the US and MENA. He supports direct and fund investments across financial analysis, due diligence, execution and portfolio development. His experience also includes institutional financing, M&A and fintech projects within the BKN301 ecosystem. He holds a Bachelor’s degree in Business Economics from the University of Bologna and a specialization in Private Equity & Venture Capital from Bocconi University.

Federico Bellettini
Federico
Bellettini
Investment Analyst
FEDERICO BELLETTINIInvestment Analyst

Federico is an Investment Analyst on SM Capital’s venture capital team, which he joined full-time in July 2026 after an earlier internship with the firm in 2024. He previously worked as an M&A Analyst at GreenGo in Bologna and as a Private Equity Investment Analyst Intern at Vanguard Legacy Management in Luxembourg, a mid-market fund investing across the EU, UK, US and emerging markets. He holds a degree in Business Administration from the University of Bologna, graduating 110/110 with honours.

Investor Relations

Ana Lacerda
Ana
Lacerda
Investor Relationship Manager
ANA LACERDAInvestor Relationship Manager

Ana Lacerda is an international business professional with experience in investor relations, strategic partnerships, and business development. Her background includes experience at Deloitte and working across international markets. At SM Capital, she leads on global investor relations, fundraising support, and engagement with institutional investors, family offices, and international partners.

Gloria Okino
Gloria
Okino
Investor Relationship Manager
GLORIA OKINOInvestor Relationship Manager

Gloria is a seasoned professional in fundraising, partnership development, and business growth. She currently serves as Senior Fundraiser, leading strategic fundraising initiatives and cultivating investor relations into the US Market. With a rich multi-sector background, Gloria previously excelled as a Director of Business Development and investor relations in the real estate sector and media production.

Marco Iacchelli
Marco
Iacchelli
Investor Relationship Manager
MARCO IACCHELLIInvestor Relationship Manager

Marco is a skilled professional in fundraising and investor relations, with a focus on the Italian and European market. He currently works with institutional investors and family o<ices, supporting capital raising and long-term partnerships.

CONTACT

Let’s build
what’s next.

We welcome the opportunity to connect with founders, partners and investors.

LocationSan Marino
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