diff --git a/esphome/docker-compose.yml b/esphome/docker-compose.yml
index 0dbfd88548..2560f7cdb2 100644
--- a/esphome/docker-compose.yml
+++ b/esphome/docker-compose.yml
@@ -2,7 +2,7 @@ version: "3.7"
 
 services:
   server:
-    image: esphome/esphome:2024.8.0@sha256:e92f251bcd61df72b7364c4433b7ab33e22abdc448952cac550cad4c302c4fbf
+    image: esphome/esphome:2024.8.1@sha256:1eb151c380a84bf790eb1a2150dcc6cddea25f7310a44b4239de0584f37b7ff1
     network_mode: host
     volumes:
       - ${APP_DATA_DIR}/data:/config
diff --git a/esphome/umbrel-app.yml b/esphome/umbrel-app.yml
index 7749b5605e..b0a0875436 100644
--- a/esphome/umbrel-app.yml
+++ b/esphome/umbrel-app.yml
@@ -2,7 +2,7 @@ manifestVersion: 1
 id: esphome
 category: automation
 name: ESPHome
-version: "2024.8.0"
+version: "2024.8.1"
 tagline: Intelligently manage all your ESP8266/ESP32 devices
 description: >-
   ESPHome is a system to control your ESP8266/ESP32 by simple yet powerful configuration files and control them remotely through Home Automation systems.
@@ -33,6 +33,9 @@ releaseNotes: >-
     - Improved support for various existing components and platforms
     - Added runtime online image support
     - Enhanced MQTT functionality with extended device info
+    - Bug fixes for LVGL components
+    - Improved build process for changed integrations
+    - Fixed API entity subscription issues
 
 
   Full release notes can be found at https://github.com/esphome/esphome/releases.