diff --git a/otelcollector/Dockerfile b/otelcollector/Dockerfile
index f4a60595c0..29910fe406 100644
--- a/otelcollector/Dockerfile
+++ b/otelcollector/Dockerfile
@@ -6,13 +6,13 @@ ARG TARGETARCH
 WORKDIR /app
 
 # Download binary from github
-RUN curl -LJO https://github.com/open-telemetry/opentelemetry-collector/releases/download/cmd%2Fbuilder%2Fv0.98.0/ocb_0.98.0_linux_${TARGETARCH} \
-    && chmod +x ocb_0.98.0_linux_${TARGETARCH} \
-    && mv ocb_0.98.0_linux_${TARGETARCH} ocb
+RUN curl -LJO https://github.com/open-telemetry/opentelemetry-collector/releases/download/cmd%2Fbuilder%2Fv0.101.0/ocb_0.101.0_linux_${TARGETARCH} \
+    && chmod +x ocb_0.101.0_linux_${TARGETARCH} \
+    && mv ocb_0.101.0_linux_${TARGETARCH} ocb
 
 COPY ./otelcol-builder.yaml ./otelcol-builder.yaml
 
-RUN ./ocb --config otelcol-builder.yaml \
+RUN ./ocb --config otelcol-builder.yaml --skip-strict-versioning \
     && chmod +x /app/otelcol-dev/otelcol \
     && /app/otelcol-dev/otelcol --version
 
diff --git a/otelcollector/otelcol-builder.yaml b/otelcollector/otelcol-builder.yaml
index f47ceae8c5..40c1206250 100644
--- a/otelcollector/otelcol-builder.yaml
+++ b/otelcollector/otelcol-builder.yaml
@@ -5,25 +5,26 @@ dist:
   description: Local OpenTelemetry Collector binary
   output_path: ./otelcol-dev
 
+
 extensions:
-  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/healthcheckextension v0.98.0
-  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/jwtauthextension v0.98.0
-  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/basicauthextension v0.98.0
-  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/storage v0.98.0
+  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/healthcheckextension v0.101.0
+  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/jwtauthextension v0.101.0
+  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/basicauthextension v0.101.0
+  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/extension/storage v0.101.0
     import: github.com/open-telemetry/opentelemetry-collector-contrib/extension/storage/filestorage
 
 exporters:
-  - gomod: go.opentelemetry.io/collector/exporter/loggingexporter v0.98.0
-  - gomod: go.opentelemetry.io/collector/exporter/otlpexporter v0.98.0
-  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/exporter/clickhouseexporter v0.98.0
-  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/exporter/prometheusremotewriteexporter v0.98.0
+  - gomod: go.opentelemetry.io/collector/exporter/loggingexporter v0.101.0
+  - gomod: go.opentelemetry.io/collector/exporter/otlpexporter v0.101.0
+  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/exporter/clickhouseexporter v0.101.0
+  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/exporter/prometheusremotewriteexporter v0.101.0
 
 receivers:
-  - gomod: go.opentelemetry.io/collector/receiver/otlpreceiver v0.98.0
+  - gomod: go.opentelemetry.io/collector/receiver/otlpreceiver v0.101.0
 
 processors:
-  - gomod: go.opentelemetry.io/collector/processor/batchprocessor v0.98.0
-  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/processor/attributesprocessor v0.98.0
+  - gomod: go.opentelemetry.io/collector/processor/batchprocessor v0.101.0
+  - gomod: github.com/open-telemetry/opentelemetry-collector-contrib/processor/attributesprocessor v0.101.0
 
 replaces:
-  - github.com/open-telemetry/opentelemetry-collector-contrib/extension/jwtauthextension => github.com/wundergraph/opentelemetry-collector-contrib/extension/jwtauthextension 205e44afb0587317d4870a8154a0f32396fd7614
\ No newline at end of file
+  - github.com/open-telemetry/opentelemetry-collector-contrib/extension/jwtauthextension => github.com/wundergraph/opentelemetry-collector-contrib/extension/jwtauthextension ae9abed6a8ffd6b6848df7bba89f89c04c17d40b
\ No newline at end of file