Creas
Also known as Creas Impacto Global SGEIC, S.A., Creas Impacto
Madrid impact investment manager (Creas Impacto Global SGEIC) investing since 2008 in Series A and early-growth companies tackling social and environmental problems; €1m–€7m tickets.
- HEADQUARTERS
- Madrid, Spain
- FOUNDED
- 2008
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 8 people
Focus
- STAGES
- Series AGrowth
- ASSET MIX
- Venture capitalImpact
- GEOGRAPHY
- SpainEurope
Overview
Creas was founded in 2008 by Luis Berruete and Pedro Javier Armentia to invest in companies that solve social and environmental problems. It has run three vehicles, Creas Desarrolla, Creas Impacto (2018, backed by the EIF and Fond-ICO) and Creas Impacto II, which reached €56m in December 2025 with COFIDES and the French family office Aurae Impact joining. It invests €1m–€7m in Series A and early-growth companies in Spain and the rest of the EU, and has offices in Madrid and Zaragoza.
Investment thesis
Invests in companies with innovative, scalable answers to social or environmental challenges, revenues above €1m and an experienced team aligned with impact, across three themes: empowering (education and employment), caring (children, elderly and vulnerable people) and regenerating (production, consumption and mobility).
PORTFOLIO (12)
- IronhackNOTABLEEducation
- QidaHealthTech
- Koa HealthHealthTech
- TrilemaEducation
- IomobMobility & Logistics
- SmileatFood & Agriculture
- RefurbedConsumer & E-commerce
- GoTrendierConsumer & E-commerce
- Zen EducateEducation
- MiResiHealthTech
- Goal SystemsMobility & Logistics
- Desconect@HealthTech · since 2026
People
- Luis BerruetePartner and Co-founder · source
- Pedro Javier ArmentiaPartner and Co-founder · source
- Lara ViadaManaging Partner (socia directora) · source
- Olivia MossayPartner · source
- Francisco SolerFinance and Operations Director · source
- Lorenzo GuerraInvestment Director · source
- Carmen LópezAssociate · source
- Hugo StrideAssociate · source
Links
Frequently asked questions
Creas is a VC fund based in Madrid, Spain, founded in 2008.
Yes. Creas invests its own capital in private companies.
Creas invests at Series A and Growth stages in Education, HealthTech, Climate & Energy, Mobility & Logistics and Consumer & E-commerce.
Creas's stated ticket size is €1M–€7M.
Key people at Creas include Luis Berruete (Partner and Co-founder), Pedro Javier Armentia (Partner and Co-founder), Lara Viada (Managing Partner (socia directora)) and Olivia Mossay (Partner).
Creas's investments include Ironhack, Qida, Koa Health, Trilema, Iomob, Smileat, Refurbed and GoTrendier, among others.
The most recent publicly reported investment by Creas is Desconect@ (Acquisition of a 70% stake by Creas Impacto II (debt financing from Impact Bridge)), announced in Mar 2026.
Creas states that it accepts submissions through its official contact page.
Yes. Creas manages capital from outside investors.