diff --git a/setup.py b/setup.py
index bc5ed0d..b3011f8 100644
--- a/setup.py
+++ b/setup.py
@@ -93,7 +93,7 @@
     package_data={"ethosu": ["config_files/*/*.ini"]},
     python_requires="~=3.7",
     install_requires=[
-        "flatbuffers==1.12.0",
+        "flatbuffers==2.0.7",
         "numpy<=1.21.3",
         "lxml>=4.5.1",
     ],