diff --git a/crypto/func/func.cpp b/crypto/func/func.cpp
index e8e09961..43bba4ea 100644
--- a/crypto/func/func.cpp
+++ b/crypto/func/func.cpp
@@ -173,6 +173,7 @@ void usage(const char* progname) {
          "-R\tInclude operation rewrite comments in the output code\n"
          "-W<output-boc-file>\tInclude Fift code to serialize and save generated code into specified BoC file. Enables "
          "-A and -P.\n"
+         "\t-s\tOutput semantic version of FunC and exit\n"
          "\t-V<version>\tShow func build information\n";
   std::exit(2);
 }
@@ -182,7 +183,7 @@ std::string output_filename;
 int main(int argc, char* const argv[]) {
   int i;
   bool interactive = false;
-  while ((i = getopt(argc, argv, "Ahi:Io:O:PRSvW:V")) != -1) {
+  while ((i = getopt(argc, argv, "Ahi:Io:O:PRsSvW:V")) != -1) {
     switch (i) {
       case 'A':
         funC::asm_preamble = true;
@@ -215,8 +216,13 @@ int main(int argc, char* const argv[]) {
         funC::boc_output_filename = optarg;
         funC::asm_preamble = funC::program_envelope = true;
         break;
+      case 's':
+        std::cout << funC::func_version << "\n";
+        std::exit(0);
+        break;
       case 'V':
-        std::cout << "Func build information: [ Commit: " << GitMetadata::CommitSHA1() << ", Date: " << GitMetadata::CommitDate() << "]\n";
+        std::cout << "FunC semantic version: v" << funC::func_version << "\n";
+        std::cout << "Build information: [ Commit: " << GitMetadata::CommitSHA1() << ", Date: " << GitMetadata::CommitDate() << "]\n";
         std::exit(0);
         break;
       case 'h':
diff --git a/crypto/func/func.h b/crypto/func/func.h
index 1506b974..22935dfe 100644
--- a/crypto/func/func.h
+++ b/crypto/func/func.h
@@ -38,6 +38,8 @@ extern bool op_rewrite_comments;
 
 constexpr int optimize_depth = 20;
 
+const std::string func_version{"0.1.0"};
+
 enum Keyword {
   _Eof = -1,
   _Ident = 0,
@@ -106,7 +108,8 @@ enum Keyword {
   _Operator,
   _Infix,
   _Infixl,
-  _Infixr
+  _Infixr,
+  _PragmaHashtag
 };
 
 void define_keywords();
diff --git a/crypto/func/keywords.cpp b/crypto/func/keywords.cpp
index 47975e7f..785c7765 100644
--- a/crypto/func/keywords.cpp
+++ b/crypto/func/keywords.cpp
@@ -126,6 +126,8 @@ void define_keywords() {
       .add_keyword("infix", Kw::_Infix)
       .add_keyword("infixl", Kw::_Infixl)
       .add_keyword("infixr", Kw::_Infixr);
+
+  sym::symbols.add_keyword("#pragma", Kw::_PragmaHashtag);
 }
 
 }  // namespace funC
diff --git a/crypto/func/parse-func.cpp b/crypto/func/parse-func.cpp
index 3aad90ef..d340a78c 100644
--- a/crypto/func/parse-func.cpp
+++ b/crypto/func/parse-func.cpp
@@ -1288,13 +1288,142 @@ void parse_func_def(Lexer& lex) {
   sym::close_scope(lex);
 }
 
+std::string func_ver_test = func_version;
+
+void parse_pragma(Lexer& lex) {
+  auto pragma = lex.cur();
+  lex.next();
+  if (lex.tp() != _Ident) {
+    lex.expect(_Ident, "pragma name expected");
+  }
+  auto pragma_name = lex.cur().str;
+  lex.next();
+  if (!pragma_name.compare("version") || !pragma_name.compare("not-version")) {
+    bool negate = !pragma_name.compare("not-version");
+    char op = '='; bool eq = false;
+    int sem_ver[3] = {0, 0, 0};
+    char segs = 1;
+    if (lex.tp() == _Number) {
+      sem_ver[0] = std::stoi(lex.cur().str);
+    } else if (lex.tp() == _Ident) {
+      auto id1 = lex.cur().str;
+      char ch1 = id1[0];
+      if ((ch1 == '>') || (ch1 == '<') || (ch1 == '=') || (ch1 == '^')) {
+        op = ch1;
+      } else {
+        lex.cur().error("unexpected comparator operation");
+      }
+      if (id1.length() < 2) {
+        lex.cur().error("expected number after comparator");
+      }
+      if (id1[1] == '=') {
+        eq = true;
+        if (id1.length() < 3) {
+          lex.cur().error("expected number after comparator");
+        }
+        sem_ver[0] = std::stoi(id1.substr(2));
+      } else {
+        sem_ver[0] = std::stoi(id1.substr(1));
+      }
+    } else {
+      lex.cur().error("expected semver with optional comparator");
+    }
+    lex.next();
+    if (lex.tp() != ';') {
+      if (lex.tp() != _Ident || lex.cur().str[0] != '.') {
+        lex.cur().error("invalid semver format");
+      }
+      sem_ver[1] = std::stoi(lex.cur().str.substr(1));
+      segs = 2;
+      lex.next();
+    }
+    if (lex.tp() != ';') {
+      if (lex.tp() != _Ident || lex.cur().str[0] != '.') {
+        lex.cur().error("invalid semver format");
+      }
+      sem_ver[2] = std::stoi(lex.cur().str.substr(1));
+      segs = 3;
+      lex.next();
+    }
+    // End reading semver from source code
+    int func_ver[3] = {0, 0, 0};
+    std::istringstream iss(func_ver_test);
+    std::string s;
+    for (int idx = 0; idx < 3; idx++) {
+      std::getline(iss, s, '.');
+      func_ver[idx] = std::stoi(s);
+    }
+    // End parsing embedded semver
+    std::string semver_expr;
+    if (negate) {
+      semver_expr += '!';
+    }
+    semver_expr += op;
+    if (eq) {
+      semver_expr += '=';
+    }
+    for (int idx = 0; idx < 3; idx++) {
+      semver_expr += std::to_string(sem_ver[idx]);
+      if (idx < 2)
+        semver_expr += '.';
+    }
+    bool match = true;
+    switch (op) {
+      case '=':
+        if ((func_ver[0] != sem_ver[0]) ||
+            (func_ver[1] != sem_ver[1]) ||
+            (func_ver[2] != sem_ver[2])) {
+          match = false;
+        }
+        break;
+      case '>':
+        if ( ((func_ver[0] == sem_ver[0]) && (func_ver[1] == sem_ver[1]) && (func_ver[2] == sem_ver[2]) && !eq) ||
+             ((func_ver[0] == sem_ver[0]) && (func_ver[1] == sem_ver[1]) && (func_ver[2] < sem_ver[2])) ||
+             ((func_ver[0] == sem_ver[0]) && (func_ver[1] < sem_ver[1])) ||
+             ((func_ver[0] < sem_ver[0])) ) {
+          match = false;
+        }
+        break;
+      case '<':
+        if ( ((func_ver[0] == sem_ver[0]) && (func_ver[1] == sem_ver[1]) && (func_ver[2] == sem_ver[2]) && !eq) ||
+             ((func_ver[0] == sem_ver[0]) && (func_ver[1] == sem_ver[1]) && (func_ver[2] > sem_ver[2])) ||
+             ((func_ver[0] == sem_ver[0]) && (func_ver[1] > sem_ver[1])) ||
+             ((func_ver[0] > sem_ver[0])) ) {
+          match = false;
+        }
+        break;
+      case '^':
+        if ( ((segs == 3) && ((func_ver[0] != sem_ver[0]) || (func_ver[1] != sem_ver[1]) || (func_ver[2] < sem_ver[2])))
+          || ((segs == 2) && ((func_ver[0] != sem_ver[0]) || (func_ver[1] < sem_ver[1])))
+          || ((segs == 1) && ((func_ver[0] < sem_ver[0]))) ) {
+          match = false;
+        }
+        break;
+    }
+    if ((match && negate) || (!match && !negate)) {
+      pragma.error(std::string("FunC version ") + func_ver_test + " does not satisfy condition " + semver_expr);
+    }
+  } else if (!pragma_name.compare("test-version-set")) {
+    if (lex.tp() != _String) {
+      lex.cur().error("version string expected");
+    }
+    func_ver_test = lex.cur().str;
+    lex.next();
+  } else {
+    lex.cur().error(std::string{"unknown pragma `"} + pragma_name + "`");
+  }
+  lex.expect(';');
+}
+
 std::vector<const src::FileDescr*> source_fdescr;
 
 bool parse_source(std::istream* is, src::FileDescr* fdescr) {
   src::SourceReader reader{is, fdescr};
   Lexer lex{reader, true, ";,()[] ~."};
   while (lex.tp() != _Eof) {
-    if (lex.tp() == _Global) {
+    if (lex.tp() == _PragmaHashtag) {
+      parse_pragma(lex);
+    } else if (lex.tp() == _Global) {
       parse_global_var_decls(lex);
     } else {
       parse_func_def(lex);
diff --git a/crypto/func/test/pv.fc b/crypto/func/test/pv.fc
new file mode 100644
index 00000000..d9bcd570
--- /dev/null
+++ b/crypto/func/test/pv.fc
@@ -0,0 +1,53 @@
+#pragma test-version-set "1.2.3";
+
+;; Positive tests
+#pragma version ^1.2.0;
+#pragma version ^1.2.3;
+#pragma version >1.2.0;
+#pragma version >0.9.9;
+#pragma version <1.3.0;
+#pragma version <2.0.0;
+#pragma version >=1.2.0;
+#pragma version <=1.3.0;
+#pragma version >=1.2.3;
+#pragma version <=1.2.3;
+#pragma version ^1.2.3;
+#pragma version 1.2.3;
+#pragma version =1.2.3;
+
+;; Negative tests
+#pragma not-version ^1.1.0;
+#pragma not-version ^1.0.0;
+#pragma not-version ^0.2.3;
+#pragma not-version ^2.2.3;
+#pragma not-version ^1.3.3;
+#pragma not-version >1.2.3;
+#pragma not-version <1.2.3;
+#pragma not-version ^1.2.4;
+#pragma not-version >=1.2.4;
+#pragma not-version <=1.2.2;
+#pragma not-version 3.2.1;
+#pragma not-version =3.2.1;
+
+;; Test incomplete (partial) version
+#pragma version ^1.2;
+#pragma version >1.2;
+#pragma version <1.3;
+#pragma version <2;
+#pragma version >=1.2;
+#pragma version <=1.3;
+
+;; Advanced ^ behaviour (partials)
+#pragma version ^1.2;
+#pragma version ^1.0;
+#pragma version ^1;
+#pragma version ^0;
+#pragma not-version ^1.0.0;
+#pragma not-version ^0.0.0;
+#pragma not-version ^0.0;
+#pragma not-version ^1.3;
+#pragma not-version ^2;
+
+(int) main(int a) {
+    return a;
+}