diff --git a/example/functions.yaml b/example/functions.yaml
index fa2f095..b8f77ab 100644
--- a/example/functions.yaml
+++ b/example/functions.yaml
@@ -7,11 +7,11 @@ metadata:
     # This tells crossplane beta render to connect to the function locally.
     render.crossplane.io/runtime: Development
 spec:
-  package: xpkg.upbound.io/upbound/function-msgraph:v0.1.0
+  package: xpkg.upbound.io/upbound/function-msgraph:v0.2.0
 ---
 apiVersion: pkg.crossplane.io/v1beta1
 kind: Function
 metadata:
   name: crossplane-contrib-function-environment-configs
 spec:
-  package: xpkg.upbound.io/crossplane-contrib/function-environment-configs:v0.2.0
+  package: xpkg.upbound.io/crossplane-contrib/function-environment-configs:v0.3.0