diff --git a/py/modbuiltins.c b/py/modbuiltins.c
index b4f4fca34b..124dcd05a3 100644
--- a/py/modbuiltins.c
+++ b/py/modbuiltins.c
@@ -722,6 +722,7 @@ STATIC const mp_rom_map_elem_t mp_module_builtins_globals_table[] = {
     { MP_ROM_QSTR(MP_QSTR_KeyError), MP_ROM_PTR(&mp_type_KeyError) },
     { MP_ROM_QSTR(MP_QSTR_LookupError), MP_ROM_PTR(&mp_type_LookupError) },
     { MP_ROM_QSTR(MP_QSTR_MemoryError), MP_ROM_PTR(&mp_type_MemoryError) },
+    { MP_ROM_QSTR(MP_QSTR_MpyError), MP_ROM_PTR(&mp_type_MpyError) },
     { MP_ROM_QSTR(MP_QSTR_NameError), MP_ROM_PTR(&mp_type_NameError) },
     { MP_ROM_QSTR(MP_QSTR_NotImplementedError), MP_ROM_PTR(&mp_type_NotImplementedError) },
     { MP_ROM_QSTR(MP_QSTR_OSError), MP_ROM_PTR(&mp_type_OSError) },
diff --git a/py/obj.h b/py/obj.h
index ab41a1b407..ae2bff1906 100644
--- a/py/obj.h
+++ b/py/obj.h
@@ -599,6 +599,7 @@ extern const mp_obj_type_t mp_type_ReloadException;
 extern const mp_obj_type_t mp_type_KeyError;
 extern const mp_obj_type_t mp_type_LookupError;
 extern const mp_obj_type_t mp_type_MemoryError;
+extern const mp_obj_type_t mp_type_MpyError;
 extern const mp_obj_type_t mp_type_NameError;
 extern const mp_obj_type_t mp_type_NotImplementedError;
 extern const mp_obj_type_t mp_type_OSError;
diff --git a/py/objexcept.c b/py/objexcept.c
index 0e9255db73..c33ada0d69 100644
--- a/py/objexcept.c
+++ b/py/objexcept.c
@@ -311,6 +311,7 @@ MP_DEFINE_EXCEPTION(Exception, BaseException)
     MP_DEFINE_EXCEPTION(UnicodeError, ValueError)
     //TODO: Implement more UnicodeError subclasses which take arguments
 #endif
+    MP_DEFINE_EXCEPTION(MpyError, ValueError)
   /*
   MP_DEFINE_EXCEPTION(Warning, Exception)
     MP_DEFINE_EXCEPTION(DeprecationWarning, Warning)
diff --git a/py/persistentcode.c b/py/persistentcode.c
index b44b5e38d2..f6de782ed8 100644
--- a/py/persistentcode.c
+++ b/py/persistentcode.c
@@ -220,7 +220,7 @@ mp_raw_code_t *mp_raw_code_load(mp_reader_t *reader) {
         || header[1] != MPY_VERSION
         || header[2] != MPY_FEATURE_FLAGS
         || header[3] > mp_small_int_bits()) {
-        mp_raise_ValueError(translate("Incompatible .mpy file. Please update all .mpy files. See http://adafru.it/mpy-update for more info."));
+        mp_raise_MpyError(translate("Incompatible .mpy file. Please update all .mpy files. See http://adafru.it/mpy-update for more info."));
     }
     mp_raw_code_t *rc = load_raw_code(reader);
     reader->close(reader->data);
diff --git a/py/runtime.c b/py/runtime.c
index 1e01003373..1a75a3870b 100644
--- a/py/runtime.c
+++ b/py/runtime.c
@@ -1598,6 +1598,10 @@ NORETURN void mp_raise_NotImplementedError_varg(const compressed_string_t *fmt,
     nlr_raise(exception);
 }
 
+NORETURN void mp_raise_MpyError(const compressed_string_t *msg) {
+    mp_raise_msg(&mp_type_MpyError, msg);
+}
+
 #if MICROPY_STACK_CHECK || MICROPY_ENABLE_PYSTACK
 NORETURN void mp_raise_recursion_depth(void) {
     mp_raise_RuntimeError(translate("maximum recursion depth exceeded"));
diff --git a/py/runtime.h b/py/runtime.h
index 2577c9dd53..c5a94b0b19 100644
--- a/py/runtime.h
+++ b/py/runtime.h
@@ -163,6 +163,7 @@ NORETURN void mp_raise_OSError_msg(const compressed_string_t *msg);
 NORETURN void mp_raise_OSError_msg_varg(const compressed_string_t *fmt, ...);
 NORETURN void mp_raise_NotImplementedError(const compressed_string_t *msg);
 NORETURN void mp_raise_NotImplementedError_varg(const compressed_string_t *fmt, ...);
+NORETURN void mp_raise_MpyError(const compressed_string_t *msg);
 NORETURN void mp_raise_recursion_depth(void);
 
 #if MICROPY_BUILTIN_METHOD_CHECK_SELF_ARG
diff --git a/supervisor/shared/rgb_led_colors.h b/supervisor/shared/rgb_led_colors.h
index cab7029811..48994ad62c 100644
--- a/supervisor/shared/rgb_led_colors.h
+++ b/supervisor/shared/rgb_led_colors.h
@@ -31,4 +31,5 @@
 #define NAME_ERROR        WHITE
 #define OS_ERROR          ORANGE
 #define VALUE_ERROR       PURPLE
+#define MPY_ERROR         BLUE
 #define OTHER_ERROR       YELLOW
diff --git a/supervisor/shared/rgb_led_status.c b/supervisor/shared/rgb_led_status.c
index df9fdf8d95..209eef55eb 100644
--- a/supervisor/shared/rgb_led_status.c
+++ b/supervisor/shared/rgb_led_status.c
@@ -247,6 +247,8 @@ void prep_rgb_status_animation(const pyexec_result_t* result,
         status->exception_color = OS_ERROR;
     } else if (mp_obj_is_subclass_fast(result->exception_type, &mp_type_ValueError)) {
         status->exception_color = VALUE_ERROR;
+    } else if (mp_obj_is_subclass_fast(result->exception_type, &mp_type_MpyError)) {
+        status->exception_color = MPY_ERROR;
     } else {
         status->exception_color = OTHER_ERROR;
     }