On March 1, Sequoia Capital Surge launched the eighth batch of incubation acceleration program "Surge 08". Two metaverse game startups were shortlisted, namely AltWord, a metaverse game platform for Gen Z players, and Bifrost, an AI synthetic data collection startup. The latter model can train AI models for games, meta-universes, etc. Sequoia says it caps its investment in these startups at $3 million in seed and pre-A rounds, and has raised more than $2 billion in Surge ventures to date.