Houston, Texas · Established 1992 · Manager of the Leo B. Womack Family Trust

About this project.

SpaceFund was the first venture capital firm focused exclusively on space technology and the new space economy. Meagan Crawford co-founded it and served as Managing Partner, deploying capital into early-stage companies across launch, satellites, space infrastructure and downstream applications, running the diligence on every investment in both funds and sitting on the boards.

Fund I and Fund II are closed and fully deployed across 21 portfolio companies, and both have overperformed against every fund metric since inception. Fund I stands at a 4.56 TVPI and Fund II at 2.5. Four portfolio companies have exited: Made In Space in 2020, Voyager Technologies in 2025, Skyloom in 2026, and SpaceX in 2026.

Neither fund is open to new investors. This entry is a record of results rather than an allocation.

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