diff --git a/gems/bundled_gems b/gems/bundled_gems
index dca7a058a6..4eda5f919a 100644
--- a/gems/bundled_gems
+++ b/gems/bundled_gems
@@ -5,5 +5,5 @@ rake 13.0.3 https://github.com/ruby/rake
 test-unit 3.3.7 https://github.com/test-unit/test-unit 3.3.7
 rexml 3.2.5 https://github.com/ruby/rexml
 rss 0.2.9 https://github.com/ruby/rss 0.2.9
-typeprof 0.15.0 https://github.com/ruby/typeprof
-rbs 1.3.3 https://github.com/ruby/rbs
+typeprof 0.15.2 https://github.com/ruby/typeprof
+rbs 1.4.0 https://github.com/ruby/rbs
diff --git a/version.h b/version.h
index fe7dfca065..ca67d7f22a 100644
--- a/version.h
+++ b/version.h
@@ -12,11 +12,11 @@
 # define RUBY_VERSION_MINOR RUBY_API_VERSION_MINOR
 #define RUBY_VERSION_TEENY 3
 #define RUBY_RELEASE_DATE RUBY_RELEASE_YEAR_STR"-"RUBY_RELEASE_MONTH_STR"-"RUBY_RELEASE_DAY_STR
-#define RUBY_PATCHLEVEL 123
+#define RUBY_PATCHLEVEL 124
 
 #define RUBY_RELEASE_YEAR 2021
 #define RUBY_RELEASE_MONTH 8
-#define RUBY_RELEASE_DAY 8
+#define RUBY_RELEASE_DAY 19
 
 #include "ruby/version.h"