diff --git a/Documentation/faq/releases.rst b/Documentation/faq/releases.rst
index c9acc1e80e8..a28554f674e 100644
--- a/Documentation/faq/releases.rst
+++ b/Documentation/faq/releases.rst
@@ -222,6 +222,7 @@ Q: What DPDK version does each Open vSwitch release work with?
     3.2.x        22.11.6
     3.3.x        23.11.2
     3.4.x        23.11.2
+    3.5.x        24.11.1
     ============ ========
 
 Q: Are all the DPDK releases that OVS versions work with maintained?
diff --git a/NEWS b/NEWS
index 1aedbbe44ee..627b443141f 100644
--- a/NEWS
+++ b/NEWS
@@ -1,4 +1,4 @@
-Post-v3.4.0
+v3.5.0 - xx xxx xxxx
 --------------------
    - The limit on the number of fields for address prefix tracking in flow
      tables increased from 3 to 4.  For example, it is now possible to
diff --git a/configure.ac b/configure.ac
index 266e9d4799e..2b198887759 100644
--- a/configure.ac
+++ b/configure.ac
@@ -13,7 +13,7 @@
 # limitations under the License.
 
 AC_PREREQ(2.63)
-AC_INIT(openvswitch, 3.4.90, bugs@openvswitch.org)
+AC_INIT(openvswitch, 3.5.0, bugs@openvswitch.org)
 AC_CONFIG_SRCDIR([vswitchd/ovs-vswitchd.c])
 AC_CONFIG_MACRO_DIR([m4])
 AC_CONFIG_AUX_DIR([build-aux])
diff --git a/debian/changelog b/debian/changelog
index f1a071141d2..d23a922d40d 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,8 +1,8 @@
-openvswitch (3.4.90-1) unstable; urgency=low
+openvswitch (3.5.0-1) unstable; urgency=low
 
    * New upstream version
 
- -- Open vSwitch team <dev@openvswitch.org>  Mon, 15 Jul 2024 13:00:01 +0100
+ -- Open vSwitch team <dev@openvswitch.org>  Mon, 16 Jan 2024 13:00:01 +0100
 
 openvswitch (3.4.0-1) unstable; urgency=low
 
diff --git a/debian/rules b/debian/rules
index 2b5629e5322..6b51b51e163 100755
--- a/debian/rules
+++ b/debian/rules
@@ -137,8 +137,8 @@ override_dh_python3:
 # Helper target for creating snapshots from upstream git
 DATE=$(shell date +%Y%m%d)
 # Upstream branch to track
-BRANCH=branch-3.4
-VERSION=3.4.0
+BRANCH=branch-3.5
+VERSION=3.5.0
 
 get-orig-snapshot:
 	rm -Rf openvswitch-upstream