diff --git a/docs/release-notes.md b/docs/release-notes.md
index 1da7afb..d972661 100644
--- a/docs/release-notes.md
+++ b/docs/release-notes.md
@@ -2,6 +2,8 @@
 
 ## Latest Changes
 
+## 0.0.16
+
 ### Features
 
 * ✨ Add new method `.sqlmodel_update()` to update models in place, including an `update` parameter for extra data. And fix implementation for the (now documented) `update` parameter for `.model_validate()`. PR [#804](https://github.com/tiangolo/sqlmodel/pull/804) by [@tiangolo](https://github.com/tiangolo).
diff --git a/sqlmodel/__init__.py b/sqlmodel/__init__.py
index c9629a9..556bba1 100644
--- a/sqlmodel/__init__.py
+++ b/sqlmodel/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "0.0.15"
+__version__ = "0.0.16"
 
 # Re-export from SQLAlchemy
 from sqlalchemy.engine import create_engine as create_engine