Compact and lightweight laser absorption spectrometers for accurate trace gas measurements are of great scientific and commercial importance. In these instruments, the multipass cell (MPC) represents a critical element in terms of achievable size and sensitivity. Herein, we introduce a versatile MPC concept which unifies compactness, mechanical rigidity, and optical stability. Relying on fundamental cavity design principles and modern diamond turning techniques, we have developed a segmented circular MPC that allows efficient and interference-free beam folding. A prototype cell is presented featuring up to 10 m optical path length at a total mass of less than 200 g. Incorporated in a highly compact setup without additional beam pre-shaping optics, we demonstrate a normalized noise level of low 10-4 (2σ) at 1 Hz.