diff --git a/docs/conf.py b/docs/conf.py
index 54dd859d5..6edc9b490 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -12,7 +12,7 @@
 author = "Scaleout Systems AB"
 
 # The full version, including alpha/beta/rc tags
-release = "0.12.0"
+release = "0.12.1"
 
 # Add any Sphinx extension module names here, as strings
 extensions = [
diff --git a/pyproject.toml b/pyproject.toml
index 2bcde6e1d..2df87137a 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -6,7 +6,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "fedn"
-version = "0.12.0"
+version = "0.12.1"
 description = "Scaleout Federated Learning"
 authors = [{ name = "Scaleout Systems AB", email = "contact@scaleoutsystems.com" }]
 readme = "README.rst"