diff --git a/CHANGELOG.md b/CHANGELOG.md
index 78ba4da..8da024a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,9 @@
 # CHANGELOG
 
 
+## v0.8.5-rc.1 (2024-08-14)
+
+
 ## v0.8.4-rc.1 (2024-08-14)
 
 
diff --git a/docs/conf.py b/docs/conf.py
index 5935c1d..53bfdf4 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -9,7 +9,7 @@
 project = "perun"
 copyright = "2023, Juan Pedro Gutiérrez Hermosillo Muriedas"
 author = "Juan Pedro Gutiérrez Hermosillo Muriedas"
-release = "0.8.4-rc.1"
+release = "0.8.5-rc.1"
 
 # -- General configuration ---------------------------------------------------
 # https://www.sphinx-doc.org/en/master/usage/configuration.html#general-configuration
diff --git a/perun/__init__.py b/perun/__init__.py
index 266fd3b..4ee93e3 100644
--- a/perun/__init__.py
+++ b/perun/__init__.py
@@ -1,7 +1,7 @@
 """perun module."""
 
 # flake8: noqa
-__version__ = "0.8.4-rc.1"
+__version__ = "0.8.5-rc.1"
 from perun.configuration import config
 from perun.logging import init_logging
 
diff --git a/pyproject.toml b/pyproject.toml
index ebf0985..7bee36d 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "perun"
-version = "0.8.4-rc.1"
+version = "0.8.5-rc.1"
 description = "Measure the energy used by your MPI+Python applications."
 authors = [
     {name = "Gutiérrez Hermosillo Muriedas, Juan Pedro", email="juan.muriedas@kit.edu"}