Race to Revenue '20: Meet the Racers | Vaibhav Arora '23 and Ryan Farrow '22 of Bia

Author: Emily Tyson

Vaibhav Arora and Ryan Farrow Bia

Describe your company: “We are an autonomous robotics-based logistics company, aimed at providing integrated services using a multi-tasking, modular robot. Initially we aimed at providing last-mile delivery for food services, but we are exploring using this robotic platform to perform a multitude of tasks.”

Why did you apply to Race to Revenue, and what are you hoping to get out of the experience? 

“We are in the initial stages of product development and hope to use our time this summer to build a prototype and have a working model by next semester.”  Additionally, we are “looking for help on the financial side of starting a company, since we have little personal experience.”

How have you been helped so far in your venture, and what sort of mentoring are you looking for in the future? “Our venture coach, Conor Lynch, has been very helpful to us in developing our business plan, in applying for IDEA Center funding, and in weekly problem solving sessions. We are looking for mentors on the technical side.”

What do you want to learn more about, relating to business development in general or your own company/venture specifically? “We need to learn more in both the technical and financial aspects of our venture.”  Additionally, we realize that we “need to fully grasp how to make our company and product “first, unique, or better.””

Fun fact: “What we are doing is now radically different from what we pitched last semester.”

Favorite place to get tacos: Vaibhav: “The only tacos I have had are Taco Bell and the CrunchyWrap is my favorite.”  Ryan: “The Taco Stand in San Diego!”