US-Ukraine Reconstruction Investment Fund (URIF) approves equity investment in BGV Group Management for critical minerals portfolio development in Ukraine.
PRIVATEOct 03, 2026
Round Type
Venture
UkraineMining
Investors
U.S.-Ukraine Reconstruction Investment Fund
Description
The U.S.-Ukraine Reconstruction Investment Fund (URIF) approved its first critical minerals deal, establishing a joint investment platform with Ukrainian company BGV Group Management. The platform will build a portfolio of early-stage mining projects across Ukraine, focusing initially on rare earths, beryllium, and zirconium deposits. URIF also approved investments in a combined heat and power co-generation platform and debt financing for DTEK's battery energy storage system. These investments represent continued progress under URIF's April 2025 establishment agreement.
Company Information
Company
BGV Group Management
Location
Ukraine
About
The U.S.-Ukraine Reconstruction Investment Fund (URIF) is a joint U.S.-Ukrainian investment vehicle focused on Ukraine's reconstruction and shared economic security. URIF invests in critical infrastructure and emerging technologies, including critical minerals mining, energy systems, and battery storage. The fund established a joint investment platform with Ukrainian company BGV Group Management to build a portfolio of early-stage mining projects across Ukraine.
Fundz sees it the moment BGV Group Management raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
UkraineMining