diff --git a/docs/release_notes.rst b/docs/release_notes.rst
index 24d5cc6a1..b9fe69369 100644
--- a/docs/release_notes.rst
+++ b/docs/release_notes.rst
@@ -5,8 +5,9 @@ Being an experimental research framework, Mitsuba 3 does not strictly follow the
`Semantic Versioning `_ convention. That said, we will
strive to document breaking API changes in the release notes below.
-Incoming changes
-----------------
+
+Mitsuba 3.5.1
+-------------
Most likely the last release which uses `pybind11 `_.
diff --git a/include/mitsuba/mitsuba.h b/include/mitsuba/mitsuba.h
index a285a027e..3dcc37fa8 100644
--- a/include/mitsuba/mitsuba.h
+++ b/include/mitsuba/mitsuba.h
@@ -10,7 +10,7 @@
#define MI_VERSION_MAJOR 3
#define MI_VERSION_MINOR 5
-#define MI_VERSION_PATCH 0
+#define MI_VERSION_PATCH 1
#define MI_STRINGIFY(x) #x
#define MI_TOSTRING(x) MI_STRINGIFY(x)