August Capital is a venture capital firm founded in 1995, known for its early investments in tech giants like Microsoft and Compaq. The firm has a history of investing in fewer enterprises than most, providing great support to entrepreneurs in building their game-changing businesses. In 2019, August Capital experienced a significant event when, after a successful first close on its eighth fund, the firm decided to halt fundraising and return all commitments from limited partners.

The reasons for this decision remain unclear.