diff --git a/CMakeLists.txt b/CMakeLists.txt
index e31435f6..5af971f0 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,5 +1,5 @@
 cmake_minimum_required(VERSION 3.10)
-project(pinetime VERSION 0.3.1 LANGUAGES C CXX ASM)
+project(pinetime VERSION 0.4.0 LANGUAGES C CXX ASM)
 
 set(NRF_TARGET "nrf52")