diff --git a/package-lock.json b/package-lock.json
index 742a31e0b..435458b0e 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -21,7 +21,7 @@
         "@edx/new-relic-source-map-webpack-plugin": "2.1.0",
         "@fullhuman/postcss-purgecss": "5.0.0",
         "@pmmmwh/react-refresh-webpack-plugin": "0.5.11",
-        "@svgr/webpack": "8.0.1",
+        "@svgr/webpack": "8.1.0",
         "autoprefixer": "10.4.15",
         "babel-jest": "26.6.3",
         "babel-loader": "9.1.3",
@@ -2936,9 +2936,9 @@
       }
     },
     "node_modules/@svgr/babel-plugin-transform-react-native-svg": {
-      "version": "8.0.0",
-      "resolved": "https://registry.npmjs.org/@svgr/babel-plugin-transform-react-native-svg/-/babel-plugin-transform-react-native-svg-8.0.0.tgz",
-      "integrity": "sha512-UKrY3860AQICgH7g+6h2zkoxeVEPLYwX/uAjmqo4PIq2FIHppwhIqZstIyTz0ZtlwreKR41O3W3BzsBBiJV2Aw==",
+      "version": "8.1.0",
+      "resolved": "https://registry.npmjs.org/@svgr/babel-plugin-transform-react-native-svg/-/babel-plugin-transform-react-native-svg-8.1.0.tgz",
+      "integrity": "sha512-Tx8T58CHo+7nwJ+EhUwx3LfdNSG9R2OKfaIXXs5soiy5HtgoAEkDay9LIimLOcG8dJQH1wPZp/cnAv6S9CrR1Q==",
       "engines": {
         "node": ">=14"
       },
@@ -2966,9 +2966,9 @@
       }
     },
     "node_modules/@svgr/babel-preset": {
-      "version": "8.0.0",
-      "resolved": "https://registry.npmjs.org/@svgr/babel-preset/-/babel-preset-8.0.0.tgz",
-      "integrity": "sha512-KLcjiZychInVrhs86OvcYPLTFu9L5XV2vj0XAaE1HwE3J3jLmIzRY8ttdeAg/iFyp8nhavJpafpDZTt+1LIpkQ==",
+      "version": "8.1.0",
+      "resolved": "https://registry.npmjs.org/@svgr/babel-preset/-/babel-preset-8.1.0.tgz",
+      "integrity": "sha512-7EYDbHE7MxHpv4sxvnVPngw5fuR6pw79SkcrILHJ/iMpuKySNCl5W1qcwPEpU+LgyRXOaAFgH0KhwD18wwg6ug==",
       "dependencies": {
         "@svgr/babel-plugin-add-jsx-attribute": "8.0.0",
         "@svgr/babel-plugin-remove-jsx-attribute": "8.0.0",
@@ -2976,7 +2976,7 @@
         "@svgr/babel-plugin-replace-jsx-attribute-value": "8.0.0",
         "@svgr/babel-plugin-svg-dynamic-title": "8.0.0",
         "@svgr/babel-plugin-svg-em-dimensions": "8.0.0",
-        "@svgr/babel-plugin-transform-react-native-svg": "8.0.0",
+        "@svgr/babel-plugin-transform-react-native-svg": "8.1.0",
         "@svgr/babel-plugin-transform-svg-component": "8.0.0"
       },
       "engines": {
@@ -2991,12 +2991,12 @@
       }
     },
     "node_modules/@svgr/core": {
-      "version": "8.0.0",
-      "resolved": "https://registry.npmjs.org/@svgr/core/-/core-8.0.0.tgz",
-      "integrity": "sha512-aJKtc+Pie/rFYsVH/unSkDaZGvEeylNv/s2cP+ta9/rYWxRVvoV/S4Qw65Kmrtah4CBK5PM6ISH9qUH7IJQCng==",
+      "version": "8.1.0",
+      "resolved": "https://registry.npmjs.org/@svgr/core/-/core-8.1.0.tgz",
+      "integrity": "sha512-8QqtOQT5ACVlmsvKOJNEaWmRPmcojMOzCz4Hs2BGG/toAp/K38LcsMRyLp349glq5AzJbCEeimEoxaX6v/fLrA==",
       "dependencies": {
         "@babel/core": "^7.21.3",
-        "@svgr/babel-preset": "8.0.0",
+        "@svgr/babel-preset": "8.1.0",
         "camelcase": "^6.2.0",
         "cosmiconfig": "^8.1.3",
         "snake-case": "^3.0.4"
@@ -3026,12 +3026,12 @@
       }
     },
     "node_modules/@svgr/plugin-jsx": {
-      "version": "8.0.1",
-      "resolved": "https://registry.npmjs.org/@svgr/plugin-jsx/-/plugin-jsx-8.0.1.tgz",
-      "integrity": "sha512-bfCFb+4ZsM3UuKP2t7KmDwn6YV8qVn9HIQJmau6xeQb/iV65Rpi7NBNBWA2hcCd4GKoCqG8hpaaDk5FDR0eH+g==",
+      "version": "8.1.0",
+      "resolved": "https://registry.npmjs.org/@svgr/plugin-jsx/-/plugin-jsx-8.1.0.tgz",
+      "integrity": "sha512-0xiIyBsLlr8quN+WyuxooNW9RJ0Dpr8uOnH/xrCVO8GLUcwHISwj1AG0k+LFzteTkAA0GbX0kj9q6Dk70PTiPA==",
       "dependencies": {
         "@babel/core": "^7.21.3",
-        "@svgr/babel-preset": "8.0.0",
+        "@svgr/babel-preset": "8.1.0",
         "@svgr/hast-util-to-babel-ast": "8.0.0",
         "svg-parser": "^2.0.4"
       },
@@ -3047,9 +3047,9 @@
       }
     },
     "node_modules/@svgr/plugin-svgo": {
-      "version": "8.0.1",
-      "resolved": "https://registry.npmjs.org/@svgr/plugin-svgo/-/plugin-svgo-8.0.1.tgz",
-      "integrity": "sha512-29OJ1QmJgnohQHDAgAuY2h21xWD6TZiXji+hnx+W635RiXTAlHTbjrZDktfqzkN0bOeQEtNe+xgq73/XeWFfSg==",
+      "version": "8.1.0",
+      "resolved": "https://registry.npmjs.org/@svgr/plugin-svgo/-/plugin-svgo-8.1.0.tgz",
+      "integrity": "sha512-Ywtl837OGO9pTLIN/onoWLmDQ4zFUycI1g76vuKGEz6evR/ZTJlJuz3G/fIkb6OVBJ2g0o6CGJzaEjfmEo3AHA==",
       "dependencies": {
         "cosmiconfig": "^8.1.3",
         "deepmerge": "^4.3.1",
@@ -3067,18 +3067,18 @@
       }
     },
     "node_modules/@svgr/webpack": {
-      "version": "8.0.1",
-      "resolved": "https://registry.npmjs.org/@svgr/webpack/-/webpack-8.0.1.tgz",
-      "integrity": "sha512-zSoeKcbCmfMXjA11uDuCJb+1LWNb3vy6Qw/VHj0Nfcl3UuqwuoZWknHsBIhCWvi4wU9vPui3aq054qjVyZqY4A==",
+      "version": "8.1.0",
+      "resolved": "https://registry.npmjs.org/@svgr/webpack/-/webpack-8.1.0.tgz",
+      "integrity": "sha512-LnhVjMWyMQV9ZmeEy26maJk+8HTIbd59cH4F2MJ439k9DqejRisfFNGAPvRYlKETuh9LrImlS8aKsBgKjMA8WA==",
       "dependencies": {
         "@babel/core": "^7.21.3",
         "@babel/plugin-transform-react-constant-elements": "^7.21.3",
         "@babel/preset-env": "^7.20.2",
         "@babel/preset-react": "^7.18.6",
         "@babel/preset-typescript": "^7.21.0",
-        "@svgr/core": "8.0.0",
-        "@svgr/plugin-jsx": "8.0.1",
-        "@svgr/plugin-svgo": "8.0.1"
+        "@svgr/core": "8.1.0",
+        "@svgr/plugin-jsx": "8.1.0",
+        "@svgr/plugin-svgo": "8.1.0"
       },
       "engines": {
         "node": ">=14"
diff --git a/package.json b/package.json
index 2c44af08c..8833f77e9 100644
--- a/package.json
+++ b/package.json
@@ -37,7 +37,7 @@
     "@edx/new-relic-source-map-webpack-plugin": "2.1.0",
     "@fullhuman/postcss-purgecss": "5.0.0",
     "@pmmmwh/react-refresh-webpack-plugin": "0.5.11",
-    "@svgr/webpack": "8.0.1",
+    "@svgr/webpack": "8.1.0",
     "autoprefixer": "10.4.15",
     "babel-jest": "26.6.3",
     "babel-loader": "9.1.3",