diff --git a/meta.yaml b/meta.yaml
index 9ff34b664..69dbbcec7 100644
--- a/meta.yaml
+++ b/meta.yaml
@@ -26,7 +26,7 @@ requirements:
     - setuptools_scm
   run:
     - python >=3.8
-    - greenlet ==3.1.0
+    - greenlet ==3.1.1
     - pyee ==12.0.0
 
 test: # [build_platform == target_platform]
diff --git a/setup.py b/setup.py
index b02765a58..20047ebe6 100644
--- a/setup.py
+++ b/setup.py
@@ -218,7 +218,7 @@ def _download_and_extract_local_driver(
     ],
     include_package_data=True,
     install_requires=[
-        "greenlet==3.1.0",
+        "greenlet==3.1.1",
         "pyee==12.0.0",
     ],
     # TODO: Can be removed once we migrate to pypa/build or pypa/installer.