diff --git a/README.md b/README.md
index 89c38c7951c55d38aae7d7041ea50d74fedb7bb1..e5947e86b662b9cc985fd0de9941e27c237d7f85 100644
--- a/README.md
+++ b/README.md
@@ -4,6 +4,7 @@ Project Juggler
 Concurrent event processor for NP experiments, based on the Gaudi framework.
 
 Dependencies:
+  - v1.8 requires Gaudi v33-34, ACTS 8.1+, DD4hep 1.16.1+ and eicd v0.2.0
   - v1.5 requires Gaudi v33-34, ACTS 8.1 and DD4hep 1.16.1
 
 Overview
diff --git a/VERSION b/VERSION
index bd8bf882d06184bb54615a59477e3c5e35f522fc..27f9cd322bb9121054664da0e44ac2996f726886 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.7.0
+1.8.0