The American-Ukrainian Reconstruction Investment Fund (URIF) has set a goal for 2026 to sign at least three investment agreements, according to a publication by the Ministry of Economy, Environment, and Agriculture, citing Deputy Minister Yehor Perelyhin.
Perelyhin announced this during a meeting with the American Chamber of Commerce in Ukraine (AmCham). He also noted that the priority sectors for funding are critical minerals, energy, ICT, transport, logistics, and advanced technologies.
“The first URIF investment — the company Sine Engineering — is dual-use in its pure form. This reflects our priority, as our focus is first and foremost on high-quality projects,” the deputy minister said.
He added that in selecting this project, the fund’s board considered key criteria: technological maturity of the product, verified demand from end users, the team’s scalability, and the financial model’s ability to withstand significant periods of volatility.
Perelyhin noted that Alvarez & Marsal acts as the fund’s investment advisor, conducting technical and financial due diligence. Final funding decisions are made by the joint management board.
The American-Ukrainian Reconstruction Investment Fund was established under an intergovernmental agreement in May 2025. Its initial capital is $150 million, equally contributed by Ukraine and the U.S. Development Finance Corporation (DFC). In its early years, the fund will prioritize equity and quasi-equity investments.
