Resource Capital Funds
Private equityDenver · Growth · 65 people tracked
Also known as RCF MANAGEMENT, LLC
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Investment thesis
Resource Capital Funds is a global, specialist private equity investor dedicated to the metals and mining industry. For over 25 years it has partnered with investors, innovators, and operators to mobilize capital into critical minerals, metals, and mining ventures, aiming to generate superior returns for stakeholders. The firm invests across the full mining lifecycle—from exploration and discovery through resource definition, feasibility, financing, construction, and operations—leveraging in-house technical and multi-disciplinary expertise. It emphasizes geographic and commodity diversification, backed by a global network of local investors in key mining jurisdictions, and supports advancements in energy, security, technology, and industrialization. RCF also maintains an innovation strategy investing in mining technology companies and prioritizes ESG and responsible mining practices.
Source: firm website, verified Sep 29, 2026.
Team · 65 people
from the firm's website & curated & public directoriesWhat they invest in
from 8 of 18 portfolio companiesCleantech ×4Deep Tech ×3Hardware ×3New Materials ×3Robotics ×3Advanced Manufacturing ×2AI & Machine Learning ×2Energy ×2
HQs:Australia×3Canada×3
Investments · 18 tracked
founders shown can be your intro pathAT MINERALS is a trade publication covering the mineral processing, mining, and construction materials industries, reporting on equipment such as crushers, screening plants, and processing technology as well as related trade fairs and company news.
Advanced ManufacturingMedia & EntertainmentNew Materials
Australian Droid & Robot builds remote data-capture systems that let mining specialists inspect and monitor hazardous underground environments without entering them or halting production.
Deep TechHardwareRobotics
Co-investorsDefence Trailblazer
Australian Vanadium is a mining company engaged in the exploration and development of vanadium resources in Australia.
CleantechEnergyNew Materials
Graham Arvidson(Chief Executive Officer)in
Pitcrew AI develops autonomous monitoring technology using thermal cameras and computer vision to assess heavy vehicles and detect mechanical failures before they occur, serving transport operators seeking to improve safety and efficiency.
AI & Machine LearningDeep TechIoTLogistics & Supply ChainMobility & Transportation
Co-investorsStartmate Launch ClubStartmate
Q2 Metals is developing the Cisco Lithium Project, one of the world's largest hard-rock lithium deposits located in Quebec, aimed at addressing the structural supply deficit in lithium for energy storage and electric vehicle demand.
CleantechEnergyNew MaterialsVancouver, CA
Alicia Milne(Executive Officer, Director)inNeil McCallum(Executive Officer, Director)Jody Bellefleur(Executive Officer, Director)in
BoardSimon Cohn(Director)Leo Power(Director)Kevin Bottomley(Director)
Railveyor manufactures an autonomous rail-based material haulage system for mining operations that reduces greenhouse gas emissions and operating costs compared to diesel truck transport.
Advanced ManufacturingCleantechHardwareLogistics & Supply ChainRoboticsSudbury, CA
Mike Dibble(Engineer / Founder)
BoardJim Fisk(Chairman of the Board)
VRIFY develops software for mineral exploration and mining companies, combining AI-driven prospectivity mapping and data analysis with presentation tools for stakeholder communication.
AgTechAI & Machine LearningDeep TechSaaSVancouver, CA
Steve de Jong(Founder & CEO)inJean-Philippe Paiement(Co-founder)in
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AquitaineAurumAustralian Droid RobotDefense Metals CorpEl EspinoMevcoOrezone Gold CorporationRme HoldingsRtiSelkirk
Portfolio news
latest coverage across their companiesQ2 Metals · q2metals.com · Jul 27, 2026
Fund performance · per public LP disclosures · 3
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| RCF Private Equity Fund I, L.P.LPs: District of Columbia Retirement Board | 2017 | — | 18.0% | 1.87x | 1.09x |
| RESOURCE CAPITAL FUND VII LPLPs: District of Columbia Retirement Board, University of Texas Investment Management Company | 2017 | — | 12.5% | 1.48x | 0.56x |
| RESOURCE CAPITAL FUND VI LPLPs: District of Columbia Retirement Board, John D. and Catherine T. MacArthur Foundation, Carnegie Corporation of New York +4 more | 2013 | — | -7.0% | 0.55x | 0.20x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Resource Capital Funds made?
- Resource Capital Funds has 18 tracked investments.
- What stage does Resource Capital Funds invest at?
- Resource Capital Funds invests at the Growth stage.
- What sectors does Resource Capital Funds focus on?
- Resource Capital Funds focuses on Climate Tech, Deep Tech, Energy, New Materials.
- Where is Resource Capital Funds located?
- Resource Capital Funds is headquartered in Denver, US.
Media · Podcasts & interviews
from their channel#CriticalMinerals (episode 3): Site Visit to El Espino
Resource Capital Funds
#CriticalMinerals (ep #2): Rich Brereton and Rob Gray discuss Trump's Liberation Day
Resource Capital Funds
RCF 2024 AGM Highlight Reel
Resource Capital Funds
RCF Innovation Exit: SciAps Inc.
Resource Capital Funds
RCF VII Exit: Cuprous Capital Ltd.
Resource Capital Funds
RCF Jolimont Fund II Investment Update: Pitcrew AI
Resource Capital Funds
Images
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