AVROBIO Inc. announced that it will issue 28,519,322 shares of series B preferred stock at an issue price of $2.1389 per share for gross proceeds of $60,999,977.83 on January 19, 2018. The shares carry dividend rate of $0.171112 per share and will be convertible into common shares at a price of $2.1389 per share. The company will issue securities pursuant to exemption provided under Regulation D. The round will be raised at post money valuation of $157,637,336.391