diff --git a/charts/penpot/Chart.yaml b/charts/penpot/Chart.yaml
index feac07ce..a4fc6c94 100644
--- a/charts/penpot/Chart.yaml
+++ b/charts/penpot/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: penpot
 description: A Helm chart for Kubernetes
 type: application
-version: 0.4.0
+version: 0.5.0
 appVersion: "1.16.0"
 
 dependencies:
diff --git a/charts/penpot/README.md b/charts/penpot/README.md
index faad2777..36b6fd0e 100644
--- a/charts/penpot/README.md
+++ b/charts/penpot/README.md
@@ -1,6 +1,6 @@
 # penpot
 
-![Version: 0.4.0](https://img.shields.io/badge/Version-0.4.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 1.16.0](https://img.shields.io/badge/AppVersion-1.16.0-informational?style=flat-square)
+![Version: 0.5.0](https://img.shields.io/badge/Version-0.5.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 1.16.0](https://img.shields.io/badge/AppVersion-1.16.0-informational?style=flat-square)
 
 A Helm chart for Kubernetes
 
@@ -116,7 +116,7 @@ A Helm chart for Kubernetes
 | postgresql.global.security.allowInsecureImages | bool | `true` |  |
 | postgresql.image.registry | string | `"docker.io"` |  |
 | postgresql.image.repository | string | `"bitnamilegacy/postgresql"` |  |
-| postgresql.image.tag | string | `"17.4.0-debian-12-r11"` |  |
+| postgresql.image.tag | string | `"17.5.0-debian-12-r11"` |  |
 | redis.auth.existingSecret | string | `"redis"` |  |
 | redis.auth.existingSecretPasswordKey | string | `"password"` |  |
 | redis.enabled | bool | `false` |  |
diff --git a/charts/penpot/values.yaml b/charts/penpot/values.yaml
index 459380b4..2d923afa 100644
--- a/charts/penpot/values.yaml
+++ b/charts/penpot/values.yaml
@@ -13,7 +13,7 @@ postgresql:
   image:
     registry: docker.io
     repository: bitnamilegacy/postgresql
-    tag: 17.4.0-debian-12-r11
+    tag: 17.5.0-debian-12-r11
   auth:
     existingSecret: postgres # containing `password` and `postgres-password`
     database: "penpot"