Ultra-low power computing is a key enabler of deeply embedded platforms used in domains such as distributed sensing, internet of things, wearable computing. The rising computational demands and high dynamic of target algorithms often call for hardware support of floating-point (FP) arithmetic and high system energy efficiency. In light of transprecision computing, where accuracy of data is consciously changed during the execution of applications, custom FP types are being used to optimize a wide range of problems. We support two such custom types - one 16 bit and one 8 bit wide - together with IEEE binary16 as a set of 'smallFloat' formats. We present an FP arithmetic unit capable of performing basic operations on smallFloat formats as well...