diff --git a/charts/matrix/Chart.yaml b/charts/matrix/Chart.yaml
index a83e5d45..bfc84a55 100644
--- a/charts/matrix/Chart.yaml
+++ b/charts/matrix/Chart.yaml
@@ -8,10 +8,10 @@ sources:
 
 type: application
 
-version: 18.2.1
+version: 18.3.0
 
 # renovate: image=ghcr.io/element-hq/synapse
-appVersion: v1.121.1
+appVersion: v1.122.0
 
 maintainers:
   - name: "jessebot"
diff --git a/charts/matrix/README.md b/charts/matrix/README.md
index ca96b450..7b8a7e8d 100644
--- a/charts/matrix/README.md
+++ b/charts/matrix/README.md
@@ -1,6 +1,6 @@
 # matrix
 
-![Version: 18.2.1](https://img.shields.io/badge/Version-18.2.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: v1.121.1](https://img.shields.io/badge/AppVersion-v1.121.1-informational?style=flat-square)
+![Version: 18.3.0](https://img.shields.io/badge/Version-18.3.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: v1.122.0](https://img.shields.io/badge/AppVersion-v1.122.0-informational?style=flat-square)
 
 A Helm chart to deploy a Matrix homeserver stack on Kubernetes