diff --git a/codegen/Cargo.toml b/codegen/Cargo.toml
index f2442ff..6a17361 100644
--- a/codegen/Cargo.toml
+++ b/codegen/Cargo.toml
@@ -6,13 +6,13 @@ edition = "2021"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-darling = "0.14.4"
-syn = "1.0.91"
+darling = "0.24.1"
+syn = "3.0.6"
 quote = "1.0.26"
 paste = "1.0.12"
 proc-macro2 = "1.0.37"
-proc-macro-crate = "1.3.1"
-itertools = "0.10.5"
+proc-macro-crate = "3.5.0"
+itertools = "0.15.0"
 
 [lib]
 proc-macro = true
diff --git a/libs/gds21/Cargo.toml b/libs/gds21/Cargo.toml
index 1769f12..e974b73 100644
--- a/libs/gds21/Cargo.toml
+++ b/libs/gds21/Cargo.toml
@@ -13,18 +13,18 @@ exclude = ["resources",]
 [dependencies]
 byteorder = "1.4.3"
 chrono = { version = "0.4.24", features = ["serde"] }
-derive_builder = "0.9.0"
-derive_more = "0.99.17"
-num-derive = "0.4"
+derive_builder = "0.20.2"
+derive_more = "2.1.1"
+num-derive = "0.5"
 num-traits = "0.2.15"
 serde = { version = "1.0.159", features = ["derive"] }
 serde_derive = "1.0.159"
 serde_json = "1.0"
-serde_yaml = "0.8"
-toml = "0.7.3"
+serde_yaml = "0.9"
+toml = "1.1.6"
 tempfile = { version = "3", optional = true }
 arcstr = { version = "1.1.5", features = ["serde"] }
-textwrap = "0.14.2"
+textwrap = "0.16.4"
 
 [dev-dependencies]
 tempfile = {version = "3"}
diff --git a/libs/subgeom/Cargo.toml b/libs/subgeom/Cargo.toml
index 5e9b7ca..d729c8c 100644
--- a/libs/subgeom/Cargo.toml
+++ b/libs/subgeom/Cargo.toml
@@ -9,5 +9,5 @@ edition = "2021"
 serde = { version = "1", features = ["derive", "rc"] }
 enum_dispatch = "0.3.11"
 array_map = { version = "0.4", features = ["derive", "serde", "std"] }
-thiserror = "1.0.40"
+thiserror = "2.0.20"
 gds21 = { path = "../../libs/gds21" }
diff --git a/libs/sublut/Cargo.toml b/libs/sublut/Cargo.toml
index 872fa13..a30e968 100644
--- a/libs/sublut/Cargo.toml
+++ b/libs/sublut/Cargo.toml
@@ -6,9 +6,9 @@ edition = "2021"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-derive_builder = { version = "0.12.0", features = ["clippy"] }
+derive_builder = { version = "0.20.2", features = ["clippy"] }
 serde = { version = "1", features = ["derive", "rc"] }
-splines = "4.2.0"
+splines = "5.0.0"
 
 [dev-dependencies]
 float_eq = "1"
diff --git a/plugins/ngspice/Cargo.toml b/plugins/ngspice/Cargo.toml
index 9580df0..a5e6b2f 100644
--- a/plugins/ngspice/Cargo.toml
+++ b/plugins/ngspice/Cargo.toml
@@ -9,6 +9,6 @@ description = "Substrate plugin for Ngspice"
 lazy_static = "1.4.0"
 serde = { version = "1.0.159", features = ["derive"] }
 substrate = { path = "../../substrate" }
-tera = "1.18.1"
+tera = "2.4.0"
 spice_rawfile = { path = "../spice_rawfile" }
 anyhow = "1.0.70"
diff --git a/plugins/spectre/Cargo.toml b/plugins/spectre/Cargo.toml
index 59e98a5..3796032 100644
--- a/plugins/spectre/Cargo.toml
+++ b/plugins/spectre/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 lazy_static = "1.4.0"
 serde = { version = "1.0.159", features = ["derive"] }
 substrate = { path = "../../substrate" }
-tera = "1.18.1"
+tera = "2.4.0"
 spice_rawfile = { path = "../spice_rawfile" }
 anyhow = "1.0.70"
 psfparser = { git = "https://github.com/ucb-substrate/substrate2", branch = "main" }
@@ -17,4 +17,4 @@ log = "0.4"
 
 [dev-dependencies]
 approx = "0.5.1"
-statrs = "0.16.0"
+statrs = "0.19.1"
diff --git a/plugins/spice_rawfile/Cargo.toml b/plugins/spice_rawfile/Cargo.toml
index 3229251..db2cf81 100644
--- a/plugins/spice_rawfile/Cargo.toml
+++ b/plugins/spice_rawfile/Cargo.toml
@@ -6,6 +6,6 @@ license = "MIT"
 description = "Parse SPICE rawfiles"
 
 [dependencies]
-nom = "7.1.3"
+nom = "8.0.0"
 serde = { version = "1.0.159", features = ["derive"] }
-thiserror = "1.0.40"
+thiserror = "2.0.20"
diff --git a/plugins/subspice/Cargo.toml b/plugins/subspice/Cargo.toml
index 2b4c6c9..17da379 100644
--- a/plugins/subspice/Cargo.toml
+++ b/plugins/subspice/Cargo.toml
@@ -5,6 +5,6 @@ edition = "2021"
 
 [dependencies]
 anyhow = "1.0.70"
-nom = "7.1.3"
+nom = "8.0.0"
 serde = { version = "1.0.159", features = ["derive"] }
-thiserror = "1.0.40"
+thiserror = "2.0.20"
diff --git a/substrate/Cargo.toml b/substrate/Cargo.toml
index 40aa0f1..bb5cdf8 100644
--- a/substrate/Cargo.toml
+++ b/substrate/Cargo.toml
@@ -5,15 +5,15 @@ edition = "2021"
 authors = ["Rahul Kumar <rahulkumar@berkeley.edu>", "Rohan Kumar <rohankumar@berkeley.edu>"]
 
 [dependencies]
-derive_builder = { version = "0.12.0", features = ["clippy"] }
+derive_builder = { version = "0.20.2", features = ["clippy"] }
 serde = { version = "1", features = ["derive", "rc"] }
 slotmap = { version = "1.0.6", features = ["serde"] }
 tempfile = "3.10"
-thiserror = "1.0.40"
+thiserror = "2.0.20"
 enum_dispatch = "0.3.11"
 arcstr = { version = "1.1.5", features = ["serde"] }
 derivative = "2.2.0"
-flexbuffers = "2"
+flexbuffers = "25"
 gds21 = { path = "../libs/gds21" }
 subspice = { path = "../plugins/subspice" }
 subgeom = { path = "../libs/subgeom" }
@@ -21,13 +21,13 @@ sublut = { path = "../libs/sublut" }
 codegen = { path = "../codegen" }
 log = "0.4"
 array_map = { version = "0.4", features = ["derive", "serde", "std"] }
-toml = "0.7"
+toml = "1.1"
 lazy_static = "1.4"
 regex = "1.7"
-grid = "0.9.0"
-state = "0.5.3"
+grid = "1.0.1"
+state = "0.6.0"
 pathfinding = "4.2.1"
-itertools = "0.10.5"
+itertools = "0.15.0"
 serde_json = "1.0.95"
 anyhow = "1.0.70"
 bitvec = { version = "1", features = ["serde"] }