diff --git a/pyproject.toml b/pyproject.toml
index 1892b05..22421dd 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@
 [build-system]
 requires = [
   "setuptools == 75.8.0",
-  "setuptools_scm[toml] == 8.1.0",
+  "setuptools_scm[toml] == 8.2.0",
   "frequenz-repo-config[lib] == 0.13.2",
 ]
 build-backend = "setuptools.build_meta"
@@ -42,7 +42,7 @@ 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 == 0.6.0",
@@ -50,7 +50,7 @@ dev-flake8 = [
 ]
 dev-formatting = ["black == 25.1.0", "isort == 6.0.0"]
 dev-mkdocs = [
-  "Markdown == 3.7",
+  "Markdown == 3.8",
   "black == 25.1.0",
   "mike == 2.1.3",
   "mkdocs-gen-files == 0.5.0",
@@ -62,8 +62,8 @@ dev-mkdocs = [
   "frequenz-repo-config[lib] == 0.13.2",
 ]
 dev-mypy = [
-  "mypy == 1.14.1",
-  "types-Markdown == 3.7.0.20241204",
+  "mypy == 1.15.0",
+  "types-Markdown == 3.8.0.20250413",
   # For checking the noxfile, docs/ script, and tests
   "frequenz-quantities[dev-mkdocs,dev-noxfile,dev-pytest,marshmallow]",
 ]
@@ -80,7 +80,7 @@ dev-pytest = [
   "pytest-mock == 3.14.0",
   "pytest-asyncio == 0.25.3",
   "async-solipsism == 0.7",
-  "hypothesis == 6.124.9",
+  "hypothesis == 6.131.0",
   "frequenz-quantities[marshmallow]",
 ]