18:24
09.04.2026
Photo: https://t.me/svyrydenkoy/
The U.S.-Ukraine Reconstruction Investment Fund (URIF) has set a goal of signing at least three investment agreements by 2026, according to a publication by the Ministry of Economy, Environment, and Agriculture, citing Deputy Minister Yehor Perelyhin.
According to a message posted on the agency’s website, Perelyhin made this announcement during a meeting with the American Chamber of Commerce in Ukraine (AmCham). He also reiterated that the priority sectors for funding are critical minerals, energy, ICT, transport, logistics, and cutting-edge technologies.
“URIF’s first investment, Sine Engineering, is pure dual-use. This is our answer to the question of priorities, as our priority is, first and foremost, a high-quality project,” the deputy minister said.
He also added that when the fund’s board selected this project, the key criteria were the product’s technological maturity, confirmed demand from end consumers, the team’s ability to scale, and the financial model’s ability to withstand significant periods of volatility.
Perelyhin noted that the fund’s investment advisor is Alvarez & Marsal, which conducts technical and financial due diligence. Final financing decisions are made by the joint management board.
As reported, on March 25, 2026, the URIF Management Board approved the first investment in Sine Engineering, a Ukrainian technology company operating in the communications and navigation sectors. According to First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko, Sine Engineering components are used by over 150 UAV manufacturers. As of the end of March, the fund had received over 200 applications for review.
The U.S.-Ukraine Investment Recovery Fund was established by an intergovernmental agreement in May 2025. The fund’s initial capital is $150 million, made up of equal contributions ($75 million) from Ukraine and the American corporation DFC. In its initial years, the fund will prioritize equity and quasi-equity investments.