diff --git a/pyproject.toml b/pyproject.toml
index 09d6f6ea..8a8150c9 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@
 [build-system]
 requires = [
   "setuptools == 78.1.0",
-  "setuptools_scm[toml] == 8.2.0",
+  "setuptools_scm[toml] == 8.3.1",
   "frequenz-repo-config[lib] == 0.13.1",
 ]
 build-backend = "setuptools.build_meta"
@@ -61,7 +61,7 @@ dev-flake8 = [
 dev-formatting = ["black == 25.1.0", "isort == 6.0.1"]
 dev-mkdocs = [
   "black == 25.1.0",
-  "Markdown==3.7",
+  "Markdown==3.8",
   "mike == 2.1.3",
   "mkdocs-gen-files == 0.5.0",
   "mkdocs-literate-nav == 0.6.2",
@@ -74,7 +74,7 @@ dev-mkdocs = [
 dev-mypy = [
   "mypy == 1.15.0",
   "grpc-stubs == 1.53.0.5",
-  "types-Markdown == 3.7.0.20250322",
+  "types-Markdown == 3.8.0.20250415",
   "types-protobuf == 5.29.1.20250315",
   # For checking the noxfile, docs/ script, and tests
   "frequenz-client-microgrid[dev-mkdocs,dev-noxfile,dev-pytest]",