diff --git a/pyproject.toml b/pyproject.toml
index c7f14d9..9ec29ae 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@
 [build-system]
 requires = [
   "setuptools == 78.1.0",
-  "setuptools_scm[toml] == 8.1.0",
+  "setuptools_scm[toml] == 8.3.1",
   "frequenz-repo-config[lib] == 0.13.1",
 ]
 build-backend = "setuptools.build_meta"
@@ -46,7 +46,7 @@ email = "floss@frequenz.com"
 
 [project.optional-dependencies]
 dev-flake8 = [
-  "flake8 == 7.1.1",
+  "flake8 == 7.2.0",
   "flake8-docstrings == 1.7.0",
   "flake8-pyproject == 1.2.3", # For reading the flake8 config from pyproject.toml
   "pydoclint == 0.6.4",
@@ -54,7 +54,7 @@ dev-flake8 = [
 ]
 dev-formatting = ["black == 25.1.0", "isort == 6.0.1"]
 dev-mkdocs = [
-  "Markdown == 3.7",
+  "Markdown == 3.8",
   "black == 25.1.0",
   "mike == 2.1.3",
   "mkdocs-gen-files == 0.5.0",
@@ -66,8 +66,8 @@ dev-mkdocs = [
   "frequenz-repo-config[lib] == 0.13.1",
 ]
 dev-mypy = [
-  "mypy == 1.14.1",
-  "types-Markdown == 3.7.0.20250322",
+  "mypy == 1.15.0",
+  "types-Markdown == 3.8.0.20250415",
   # For checking the noxfile, docs/ script, and tests
   "frequenz-core[dev-mkdocs,dev-noxfile,dev-pytest]",
 ]
@@ -84,7 +84,7 @@ dev-pytest = [
   "pytest-mock == 3.14.0",
   "pytest-asyncio == 0.26.0",
   "async-solipsism == 0.7",
-  "hypothesis == 6.124.7",
+  "hypothesis == 6.131.9",
 ]
 dev = [
   "frequenz-core[dev-mkdocs,dev-flake8,dev-formatting,dev-mkdocs,dev-mypy,dev-noxfile,dev-pylint,dev-pytest]",