Barfresh Food Group Secures $7.3 Million in Convertible Note Financing to Accelerate Manufacturing Facility Completion and Unlock Over $200 Million in Revenue Capacity

Barfresh Food Group has secured a $7.3 million senior convertible note financing, which will be used to pay off the existing mortgage on its manufacturing facility, accelerate construction completion, and expand production capacity. The company will own the facility free and clear, and the new equipment and optimized layout will create greater operational efficiencies and increase profit margins. The expanded facility will have available capacity to support over $200 million in annual revenue and open up opportunities for contract manufacturing of new products.