diff --git a/charts/dependency/memcached/Chart.yaml b/charts/dependency/memcached/Chart.yaml
index 93b6da615cf..8c851637d5b 100644
--- a/charts/dependency/memcached/Chart.yaml
+++ b/charts/dependency/memcached/Chart.yaml
@@ -7,7 +7,7 @@ annotations:
   truecharts.org/min_helm_version: "3.12"
   truecharts.org/train: dependency
 apiVersion: v2
-appVersion: 1.6.22
+appVersion: 1.6.23
 dependencies:
   - name: common
     version: 17.2.22
@@ -24,7 +24,7 @@ keywords:
   - memcached
   - database
   - cache
-kubeVersion: ">=1.24.0-0"
+kubeVersion: '>=1.24.0-0'
 maintainers:
   - name: TrueCharts
     email: info@truecharts.org
@@ -35,4 +35,4 @@ sources:
   - https://github.com/truecharts/charts/tree/master/charts/dependency/memcached
   - https://hub.docker.com/r/bitnami/memcached
 type: application
-version: 11.1.7
+version: 11.1.8
diff --git a/charts/dependency/memcached/values.yaml b/charts/dependency/memcached/values.yaml
index e49bf8e7705..46cdef67ff3 100644
--- a/charts/dependency/memcached/values.yaml
+++ b/charts/dependency/memcached/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: bitnami/memcached
   pullPolicy: IfNotPresent
-  tag: 1.6.22@sha256:f7f5768ac781be374fbb550004dfa7755a4d10e66e3811725b3daa6958e636ff
+  tag: 1.6.23@sha256:51d90424ac4b110b3d0ffd21a33938603b238d154e9f4620e5bf9b360988215f
 service:
   main:
     ports: