diff --git a/settings.gradle.kts b/settings.gradle.kts
index 10e4d9577..da33fea59 100644
--- a/settings.gradle.kts
+++ b/settings.gradle.kts
@@ -8,8 +8,8 @@ pluginManagement {
         maven("https://dl.bintray.com/kotlin/kotlinx")
     }
 
-    val toolsVersion = "0.7.0"
-    val kotlinVersion = "1.4.20"
+    val toolsVersion = "0.7.1"
+    val kotlinVersion = "1.4.21"
 
     plugins {
         id("kotlinx.benchmark") version "0.2.0-dev-20"