diff --git a/docs/changelog/2656.bugfix.rst b/docs/changelog/2656.bugfix.rst
new file mode 100644
index 000000000..ba20382d4
--- /dev/null
+++ b/docs/changelog/2656.bugfix.rst
@@ -0,0 +1,4 @@
+Upgrade embedded wheels:
+
+* setuptools to ``68.2.2`` from ``68.2.0``
+* pip to ``23.3.1`` from ``23.2.1``
diff --git a/src/virtualenv/seed/wheels/embed/__init__.py b/src/virtualenv/seed/wheels/embed/__init__.py
index 698d9ea86..46a7fc1f9 100644
--- a/src/virtualenv/seed/wheels/embed/__init__.py
+++ b/src/virtualenv/seed/wheels/embed/__init__.py
@@ -7,33 +7,33 @@
 BUNDLE_FOLDER = Path(__file__).absolute().parent
 BUNDLE_SUPPORT = {
     "3.7": {
-        "pip": "pip-23.2.1-py3-none-any.whl",
+        "pip": "pip-23.3.1-py3-none-any.whl",
         "setuptools": "setuptools-68.0.0-py3-none-any.whl",
         "wheel": "wheel-0.41.2-py3-none-any.whl",
     },
     "3.8": {
-        "pip": "pip-23.2.1-py3-none-any.whl",
-        "setuptools": "setuptools-68.2.0-py3-none-any.whl",
+        "pip": "pip-23.3.1-py3-none-any.whl",
+        "setuptools": "setuptools-68.2.2-py3-none-any.whl",
         "wheel": "wheel-0.41.2-py3-none-any.whl",
     },
     "3.9": {
-        "pip": "pip-23.2.1-py3-none-any.whl",
-        "setuptools": "setuptools-68.2.0-py3-none-any.whl",
+        "pip": "pip-23.3.1-py3-none-any.whl",
+        "setuptools": "setuptools-68.2.2-py3-none-any.whl",
         "wheel": "wheel-0.41.2-py3-none-any.whl",
     },
     "3.10": {
-        "pip": "pip-23.2.1-py3-none-any.whl",
-        "setuptools": "setuptools-68.2.0-py3-none-any.whl",
+        "pip": "pip-23.3.1-py3-none-any.whl",
+        "setuptools": "setuptools-68.2.2-py3-none-any.whl",
         "wheel": "wheel-0.41.2-py3-none-any.whl",
     },
     "3.11": {
-        "pip": "pip-23.2.1-py3-none-any.whl",
-        "setuptools": "setuptools-68.2.0-py3-none-any.whl",
+        "pip": "pip-23.3.1-py3-none-any.whl",
+        "setuptools": "setuptools-68.2.2-py3-none-any.whl",
         "wheel": "wheel-0.41.2-py3-none-any.whl",
     },
     "3.12": {
-        "pip": "pip-23.2.1-py3-none-any.whl",
-        "setuptools": "setuptools-68.2.0-py3-none-any.whl",
+        "pip": "pip-23.3.1-py3-none-any.whl",
+        "setuptools": "setuptools-68.2.2-py3-none-any.whl",
         "wheel": "wheel-0.41.2-py3-none-any.whl",
     },
 }
diff --git a/src/virtualenv/seed/wheels/embed/pip-23.2.1-py3-none-any.whl b/src/virtualenv/seed/wheels/embed/pip-23.3.1-py3-none-any.whl
similarity index 80%
rename from src/virtualenv/seed/wheels/embed/pip-23.2.1-py3-none-any.whl
rename to src/virtualenv/seed/wheels/embed/pip-23.3.1-py3-none-any.whl
index ba28ef02e..a4faf716b 100644
Binary files a/src/virtualenv/seed/wheels/embed/pip-23.2.1-py3-none-any.whl and b/src/virtualenv/seed/wheels/embed/pip-23.3.1-py3-none-any.whl differ
diff --git a/src/virtualenv/seed/wheels/embed/setuptools-68.2.0-py3-none-any.whl b/src/virtualenv/seed/wheels/embed/setuptools-68.2.2-py3-none-any.whl
similarity index 91%
rename from src/virtualenv/seed/wheels/embed/setuptools-68.2.0-py3-none-any.whl
rename to src/virtualenv/seed/wheels/embed/setuptools-68.2.2-py3-none-any.whl
index 92825c8e5..d4be90691 100644
Binary files a/src/virtualenv/seed/wheels/embed/setuptools-68.2.0-py3-none-any.whl and b/src/virtualenv/seed/wheels/embed/setuptools-68.2.2-py3-none-any.whl differ