diff --git a/flux2/apps/velero/release.yaml b/flux2/apps/velero/release.yaml
index 3a6e29f958e6f111614b1cfd667ce6c8b9d8e1ac..eed864ecf5f1c3f498a24eb9da0355fc3082366c 100644
--- a/flux2/apps/velero/release.yaml
+++ b/flux2/apps/velero/release.yaml
@@ -10,7 +10,7 @@ spec:
     spec:
       # renovate: registryUrl=https://vmware-tanzu.github.io/helm-charts
       chart: velero
-      version: 2.27.4
+      version: 2.29.0
       sourceRef:
         kind: HelmRepository
         name: vmware-tanzu