diff --git a/README.md b/README.md
index dbe543a..7087f4e 100644
--- a/README.md
+++ b/README.md
@@ -7,7 +7,7 @@
 
 TypeScript wrapper for Python libraries with full type safety.
 
-> **⚠️ Experimental Software (v0.1.2)** - APIs may change between versions. Not recommended for production use until v1.0.0.
+> **⚠️ Experimental Software (v0.2.0)** - APIs may change between versions. Not recommended for production use until v1.0.0.
 
 ## Features
 
diff --git a/package-lock.json b/package-lock.json
index 698541a..881f1b0 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "tywrap",
-  "version": "0.1.2",
+  "version": "0.2.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "tywrap",
-      "version": "0.1.2",
+      "version": "0.2.0",
       "license": "MIT",
       "dependencies": {
         "@babel/parser": "^7.25.6",
diff --git a/package.json b/package.json
index 6e0fb00..ba73309 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "tywrap",
-  "version": "0.1.2",
-  "description": "TypeScript wrapper for Python libraries with full type safety (EXPERIMENTAL - v0.1.2)",
+  "version": "0.2.0",
+  "description": "TypeScript wrapper for Python libraries with full type safety (EXPERIMENTAL - v0.2.0)",
   "type": "module",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",
diff --git a/src/index.ts b/src/index.ts
index ae01836..dbd5a46 100644
--- a/src/index.ts
+++ b/src/index.ts
@@ -75,7 +75,7 @@ export {
 } from './utils/codec.js';
 
 // Version info
-export const VERSION = '0.1.2';
+export const VERSION = '0.2.0';
 
 /**
  * Quick setup function for getting started
diff --git a/tywrap_ir/pyproject.toml b/tywrap_ir/pyproject.toml
index eb5b8d3..d555d12 100644
--- a/tywrap_ir/pyproject.toml
+++ b/tywrap_ir/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "tywrap-ir"
-version = "0.1.2"
+version = "0.2.0"
 description = "Python IR extractor for tywrap: emits versioned JSON IR for Python modules"
 readme = "README.md"
 authors = [
diff --git a/tywrap_ir/tywrap_ir/__init__.py b/tywrap_ir/tywrap_ir/__init__.py
index 78a0ad9..4515a45 100644
--- a/tywrap_ir/tywrap_ir/__init__.py
+++ b/tywrap_ir/tywrap_ir/__init__.py
@@ -4,7 +4,7 @@
     "__version__",
 ]
 
-__version__ = "0.1.2"
+__version__ = "0.2.0"
 IR_VERSION = "0.1.0"
 
 from .ir import extract_module_ir  # noqa: E402