diff --git a/packages/airnode-deployer/package.json b/packages/airnode-deployer/package.json
index 929bd74fde..d3746b6796 100644
--- a/packages/airnode-deployer/package.json
+++ b/packages/airnode-deployer/package.json
@@ -59,7 +59,7 @@
     "ts-node": "^10.9.1",
     "typescript": "^4.8.4",
     "webpack": "^5.74.0",
-    "webpack-cli": "^4.10.0",
+    "webpack-cli": "^5.0.1",
     "webpack-ignore-dynamic-require": "^1.0.0"
   }
 }
diff --git a/yarn.lock b/yarn.lock
index 2fec811e52..fbeb4c07d7 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3524,22 +3524,20 @@
     "@webassemblyjs/ast" "1.11.1"
     "@xtuc/long" "4.2.2"
 
-"@webpack-cli/configtest@^1.2.0":
-  version "1.2.0"
-  resolved "https://registry.yarnpkg.com/@webpack-cli/configtest/-/configtest-1.2.0.tgz#7b20ce1c12533912c3b217ea68262365fa29a6f5"
-  integrity sha512-4FB8Tj6xyVkyqjj1OaTqCjXYULB9FMkqQ8yGrZjRDrYh0nOE+7Lhs45WioWQQMV+ceFlE368Ukhe6xdvJM9Egg==
+"@webpack-cli/configtest@^2.0.1":
+  version "2.0.1"
+  resolved "https://registry.yarnpkg.com/@webpack-cli/configtest/-/configtest-2.0.1.tgz#a69720f6c9bad6aef54a8fa6ba9c3533e7ef4c7f"
+  integrity sha512-njsdJXJSiS2iNbQVS0eT8A/KPnmyH4pv1APj2K0d1wrZcBLw+yppxOy4CGqa0OxDJkzfL/XELDhD8rocnIwB5A==
 
-"@webpack-cli/info@^1.5.0":
-  version "1.5.0"
-  resolved "https://registry.yarnpkg.com/@webpack-cli/info/-/info-1.5.0.tgz#6c78c13c5874852d6e2dd17f08a41f3fe4c261b1"
-  integrity sha512-e8tSXZpw2hPl2uMJY6fsMswaok5FdlGNRTktvFk2sD8RjH0hE2+XistawJx1vmKteh4NmGmNUrp+Tb2w+udPcQ==
-  dependencies:
-    envinfo "^7.7.3"
+"@webpack-cli/info@^2.0.1":
+  version "2.0.1"
+  resolved "https://registry.yarnpkg.com/@webpack-cli/info/-/info-2.0.1.tgz#eed745799c910d20081e06e5177c2b2569f166c0"
+  integrity sha512-fE1UEWTwsAxRhrJNikE7v4EotYflkEhBL7EbajfkPlf6E37/2QshOy/D48Mw8G5XMFlQtS6YV42vtbG9zBpIQA==
 
-"@webpack-cli/serve@^1.7.0":
-  version "1.7.0"
-  resolved "https://registry.yarnpkg.com/@webpack-cli/serve/-/serve-1.7.0.tgz#e1993689ac42d2b16e9194376cfb6753f6254db1"
-  integrity sha512-oxnCNGj88fL+xzV+dacXs44HcDwf1ovs3AuEzvP7mqXw7fQntqIhQ1BRmynh4qEKQSSSRSWVyXRjmTbZIX9V2Q==
+"@webpack-cli/serve@^2.0.1":
+  version "2.0.1"
+  resolved "https://registry.yarnpkg.com/@webpack-cli/serve/-/serve-2.0.1.tgz#34bdc31727a1889198855913db2f270ace6d7bf8"
+  integrity sha512-0G7tNyS+yW8TdgHwZKlDWYXFA6OJQnoLCQvYKkQP0Q2X205PSQ6RNUj0M+1OB/9gRQaUZ/ccYfaxd0nhaWKfjw==
 
 "@xtuc/ieee754@^1.2.0":
   version "1.2.0"
@@ -5830,10 +5828,10 @@ commander@^2.20.0:
   resolved "https://registry.yarnpkg.com/commander/-/commander-2.20.3.tgz#fd485e84c03eb4881c20722ba48035e8531aeb33"
   integrity sha512-GpVkmM8vF2vQUkj2LvZmD35JxeJOLCwJ9cUkugyk2nuhbv3+mJvpLYYt+0+USMxE+oj+ey/lJEnhZw75x/OMcQ==
 
-commander@^7.0.0:
-  version "7.2.0"
-  resolved "https://registry.yarnpkg.com/commander/-/commander-7.2.0.tgz#a36cb57d0b501ce108e4d20559a150a391d97ab7"
-  integrity sha512-QrWXB+ZQSVPmIWIhtEO9H+gwHaMGYiF5ChvoJ+K9ZGHG/sVsa6yiesAD1GC/x46sET00Xlwo1u49RVVVzvcSkw==
+commander@^9.4.1:
+  version "9.5.0"
+  resolved "https://registry.yarnpkg.com/commander/-/commander-9.5.0.tgz#bc08d1eb5cedf7ccb797a96199d41c7bc3e60d30"
+  integrity sha512-KRs7WVDKg86PWiuAqhDrAQnTXZKraVcCc6vFdL14qrZ/DcWwuRo7VoiYXalXO7S5GKpqYiVEwCbgFDfxNHKJBQ==
 
 comment-json@^4.2.3:
   version "4.2.3"
@@ -9678,10 +9676,10 @@ interpret@^1.0.0:
   resolved "https://registry.yarnpkg.com/interpret/-/interpret-1.4.0.tgz#665ab8bc4da27a774a40584e812e3e0fa45b1a1e"
   integrity sha512-agE4QfB2Lkp9uICn7BAqoscw4SZP9kTE2hxiFI3jBPmXJfdqiahTbUuKGsMoN2GtqL9AxhYioAcVvgsb1HvRbA==
 
-interpret@^2.2.0:
-  version "2.2.0"
-  resolved "https://registry.yarnpkg.com/interpret/-/interpret-2.2.0.tgz#1a78a0b5965c40a5416d007ad6f50ad27c417df9"
-  integrity sha512-Ju0Bz/cEia55xDwUWEa8+olFpCiQoypjnQySseKtmjNrnps3P+xfpUmGr90T7yjlVJmOtybRvPXhKMbHr+fWnw==
+interpret@^3.1.1:
+  version "3.1.1"
+  resolved "https://registry.yarnpkg.com/interpret/-/interpret-3.1.1.tgz#5be0ceed67ca79c6c4bc5cf0d7ee843dcea110c4"
+  integrity sha512-6xwYfHbajpoF0xLW+iwLkhwgvLoZDfjYfoFNu8ftMoXINzwuymNLd9u/KmwtdT2GbR+/Cz66otEGEVVUHX9QLQ==
 
 invariant@^2.2.2:
   version "2.2.4"
@@ -13861,12 +13859,12 @@ rechoir@^0.6.2:
   dependencies:
     resolve "^1.1.6"
 
-rechoir@^0.7.0:
-  version "0.7.1"
-  resolved "https://registry.yarnpkg.com/rechoir/-/rechoir-0.7.1.tgz#9478a96a1ca135b5e88fc027f03ee92d6c645686"
-  integrity sha512-/njmZ8s1wVeR6pjTZ+0nCnv8SpZNRMT2D1RLOJQESlYFDBvwpTA4KWJpZ+sBJ4+vhjILRcK7JIFdGCdxEAAitg==
+rechoir@^0.8.0:
+  version "0.8.0"
+  resolved "https://registry.yarnpkg.com/rechoir/-/rechoir-0.8.0.tgz#49f866e0d32146142da3ad8f0eff352b3215ff22"
+  integrity sha512-/vxpCXddiX8NGfGO/mTafwjq4aFa/71pvamip0++IQk3zG8cbCj0fifNPrjjF1XMXUne91jL9OoxmdykoEtifQ==
   dependencies:
-    resolve "^1.9.0"
+    resolve "^1.20.0"
 
 recursive-readdir@^2.2.2:
   version "2.2.3"
@@ -14125,7 +14123,7 @@ resolve@1.17.0:
   dependencies:
     path-parse "^1.0.6"
 
-resolve@^1.1.6, resolve@^1.10.0, resolve@^1.20.0, resolve@^1.22.0, resolve@^1.22.1, resolve@^1.8.1, resolve@^1.9.0, resolve@~1.22.1:
+resolve@^1.1.6, resolve@^1.10.0, resolve@^1.20.0, resolve@^1.22.0, resolve@^1.22.1, resolve@^1.8.1, resolve@~1.22.1:
   version "1.22.1"
   resolved "https://registry.yarnpkg.com/resolve/-/resolve-1.22.1.tgz#27cb2ebb53f91abb49470a928bba7558066ac177"
   integrity sha512-nBpuuYuY5jFsli/JIs1oldw6fOQCBioohqWZg/2hiaOybXOft4lonv85uDOKXdf8rhyK159cxU5cDcK/NKk8zw==
@@ -16548,22 +16546,23 @@ webidl-conversions@^3.0.0:
   resolved "https://registry.yarnpkg.com/webidl-conversions/-/webidl-conversions-3.0.1.tgz#24534275e2a7bc6be7bc86611cc16ae0a5654871"
   integrity sha512-2JAn3z8AR6rjK8Sm8orRC0h/bcl/DqL7tRPdGZ4I1CjdF+EaMLmYxBHyXuKL849eucPFhvBoxMsflfOb8kxaeQ==
 
-webpack-cli@^4.10.0:
-  version "4.10.0"
-  resolved "https://registry.yarnpkg.com/webpack-cli/-/webpack-cli-4.10.0.tgz#37c1d69c8d85214c5a65e589378f53aec64dab31"
-  integrity sha512-NLhDfH/h4O6UOy+0LSso42xvYypClINuMNBVVzX4vX98TmTaTUxwRbXdhucbFMd2qLaCTcLq/PdYrvi8onw90w==
+webpack-cli@^5.0.1:
+  version "5.0.1"
+  resolved "https://registry.yarnpkg.com/webpack-cli/-/webpack-cli-5.0.1.tgz#95fc0495ac4065e9423a722dec9175560b6f2d9a"
+  integrity sha512-S3KVAyfwUqr0Mo/ur3NzIp6jnerNpo7GUO6so51mxLi1spqsA17YcMXy0WOIJtBSnj748lthxC6XLbNKh/ZC+A==
   dependencies:
     "@discoveryjs/json-ext" "^0.5.0"
-    "@webpack-cli/configtest" "^1.2.0"
-    "@webpack-cli/info" "^1.5.0"
-    "@webpack-cli/serve" "^1.7.0"
+    "@webpack-cli/configtest" "^2.0.1"
+    "@webpack-cli/info" "^2.0.1"
+    "@webpack-cli/serve" "^2.0.1"
     colorette "^2.0.14"
-    commander "^7.0.0"
+    commander "^9.4.1"
     cross-spawn "^7.0.3"
+    envinfo "^7.7.3"
     fastest-levenshtein "^1.0.12"
     import-local "^3.0.2"
-    interpret "^2.2.0"
-    rechoir "^0.7.0"
+    interpret "^3.1.1"
+    rechoir "^0.8.0"
     webpack-merge "^5.7.3"
 
 webpack-ignore-dynamic-require@^1.0.0: