diff --git a/CMakeLists.txt b/CMakeLists.txt
index ec8e6b1..d5fc9d8 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -32,8 +32,8 @@ else()
 endif()
 
 set(CUPDLPX_VERSION_MAJOR 0)
-set(CUPDLPX_VERSION_MINOR 2)
-set(CUPDLPX_VERSION_PATCH 9)
+set(CUPDLPX_VERSION_MINOR 3)
+set(CUPDLPX_VERSION_PATCH 0)
 
 set(CUPDLPX_VERSION "${CUPDLPX_VERSION_MAJOR}.${CUPDLPX_VERSION_MINOR}.${CUPDLPX_VERSION_PATCH}")
 add_compile_definitions(CUPDLPX_VERSION="${CUPDLPX_VERSION}")
diff --git a/pyproject.toml b/pyproject.toml
index 952a7c6..8ac6244 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "scikit_build_core.build"
 
 [project]
 name = "cupdlpx"
-version = "0.2.9"
+version = "0.3.0"
 description = "Python bindings for cuPDLPx (GPU-accelerated first-order LP solver)"
 readme = "README.md"
 license = { text = "Apache-2.0" }