diff --git a/.github/workflows/build-extensions.yml b/.github/workflows/build-extensions.yml
index 432df4764d..f8be4ed3de 100644
--- a/.github/workflows/build-extensions.yml
+++ b/.github/workflows/build-extensions.yml
@@ -190,7 +190,7 @@ jobs:
 
       - name: Detect release version
         run: |
-          echo "RELEASE_VERSION=v$(cat CMakeLists.txt | grep "DKUZU_RELEASE_VERSION" | cut -d '"' -f 2 )" >> $GITHUB_ENV
+          echo "RELEASE_VERSION=v$(cat CMakeLists.txt | grep "DKUZU_EXTENSION_VERSION" | cut -d '"' -f 2 )" >> $GITHUB_ENV
 
       - name: Delete checked out repository
         run: cd .. && rm -rf kuzudb
diff --git a/CMakeLists.txt b/CMakeLists.txt
index c9703f6392..cd2a633d6e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,6 +1,6 @@
 cmake_minimum_required(VERSION 3.15)
 
-project(Kuzu VERSION 0.2.0 LANGUAGES CXX C)
+project(Kuzu VERSION 0.2.1 LANGUAGES CXX C)
 
 find_package(Threads REQUIRED)
 
@@ -196,7 +196,7 @@ endif ()
 if(${BUILD_KUZU})
 add_definitions(-DKUZU_ROOT_DIRECTORY="${PROJECT_SOURCE_DIR}")
 add_definitions(-DKUZU_CMAKE_VERSION="${CMAKE_PROJECT_VERSION}")
-add_definitions(-DKUZU_RELEASE_VERSION="0.1.0")
+add_definitions(-DKUZU_EXTENSION_VERSION="0.1.0")
 
 include_directories(src/include)
 include_directories(third_party/antlr4_cypher/include)
diff --git a/examples/rust/Cargo.lock b/examples/rust/Cargo.lock
index 93942656d9..f8bd59b916 100644
--- a/examples/rust/Cargo.lock
+++ b/examples/rust/Cargo.lock
@@ -404,7 +404,7 @@ dependencies = [
 
 [[package]]
 name = "kuzu"
-version = "0.1.0"
+version = "0.2.1"
 dependencies = [
  "arrow",
  "cmake",
diff --git a/src/extension/extension.cpp b/src/extension/extension.cpp
index 5774a92ea1..f6abb8f621 100644
--- a/src/extension/extension.cpp
+++ b/src/extension/extension.cpp
@@ -47,7 +47,7 @@ bool ExtensionUtils::isFullPath(const std::string& extension) {
 
 ExtensionRepoInfo ExtensionUtils::getExtensionRepoInfo(const std::string& extension) {
     auto extensionURL =
-        common::stringFormat(EXTENSION_REPO, KUZU_RELEASE_VERSION, getPlatform(), extension);
+        common::stringFormat(EXTENSION_REPO, KUZU_EXTENSION_VERSION, getPlatform(), extension);
     common::StringUtils::replaceAll(extensionURL, "http://", "");
     auto hostNamePos = extensionURL.find('/');
     auto hostName = extensionURL.substr(0, hostNamePos);
diff --git a/src/include/storage/storage_info.h b/src/include/storage/storage_info.h
index a9d345a835..41840cc2fd 100644
--- a/src/include/storage/storage_info.h
+++ b/src/include/storage/storage_info.h
@@ -11,9 +11,9 @@ using storage_version_t = uint64_t;
 
 struct StorageVersionInfo {
     static std::unordered_map<std::string, storage_version_t> getStorageVersionInfo() {
-        return {{"0.2.0", 25}, {"0.1.0", 24}, {"0.0.12.3", 24}, {"0.0.12.2", 24}, {"0.0.12.1", 24},
-            {"0.0.12", 23}, {"0.0.11", 23}, {"0.0.10", 23}, {"0.0.9", 23}, {"0.0.8", 17},
-            {"0.0.7", 15}, {"0.0.6", 9}, {"0.0.5", 8}, {"0.0.4", 7}, {"0.0.3", 1}};
+        return {{"0.2.1", 25}, {"0.2.0", 25}, {"0.1.0", 24}, {"0.0.12.3", 24}, {"0.0.12.2", 24},
+            {"0.0.12.1", 24}, {"0.0.12", 23}, {"0.0.11", 23}, {"0.0.10", 23}, {"0.0.9", 23},
+            {"0.0.8", 17}, {"0.0.7", 15}, {"0.0.6", 9}, {"0.0.5", 8}, {"0.0.4", 7}, {"0.0.3", 1}};
     }
 
     static storage_version_t getStorageVersion();
diff --git a/src/processor/operator/install_extension.cpp b/src/processor/operator/install_extension.cpp
index 0880889192..3d144866f2 100644
--- a/src/processor/operator/install_extension.cpp
+++ b/src/processor/operator/install_extension.cpp
@@ -25,7 +25,7 @@ std::string InstallExtension::tryDownloadExtension() {
     auto extensionRepoInfo = ExtensionUtils::getExtensionRepoInfo(name);
     httplib::Client cli(extensionRepoInfo.hostURL.c_str());
     httplib::Headers headers = {
-        {"User-Agent", common::stringFormat("kuzu/v{}", KUZU_RELEASE_VERSION)}};
+        {"User-Agent", common::stringFormat("kuzu/v{}", KUZU_EXTENSION_VERSION)}};
     auto res = cli.Get(extensionRepoInfo.hostPath.c_str(), headers);
     if (!res || res->status != 200) {
         if (res.error() == httplib::Error::Success) {
diff --git a/tools/rust_api/Cargo.lock b/tools/rust_api/Cargo.lock
index 26893b08bf..40ef5a0101 100644
--- a/tools/rust_api/Cargo.lock
+++ b/tools/rust_api/Cargo.lock
@@ -426,7 +426,7 @@ dependencies = [
 
 [[package]]
 name = "kuzu"
-version = "0.1.0"
+version = "0.2.1"
 dependencies = [
  "anyhow",
  "arrow",
diff --git a/tools/rust_api/Cargo.toml b/tools/rust_api/Cargo.toml
index 4058aee9e3..5a049a1652 100644
--- a/tools/rust_api/Cargo.toml
+++ b/tools/rust_api/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "kuzu"
-version = "0.1.0"
+version = "0.2.1"
 description = "An in-process property graph database management system built for query speed and scalability"
 # Note: 1.72 required for testing due to latest dependencies of the arrow feature
 rust-version = "1.60"