Aperio Systems, Inc. announced that it will raise $6,999,996 in a round of funding on August 2, 2023. The company will issue 16,595,534 series A1-2 preferred stock at an issue price of $0.4218 per share. The shares will be convertible in common shares at a fixed conversion price at their original issue price.

The shares are issued at a par value of $ 0.0005 per share. The shares are non-cumulative, and dividend rate of 8%. The round is raised at post-money valuation of $28,969,954.

The minimum investment accepted from any outside investor is $1. The company will issue securities pursuant to exemption provided under Regulation D.