Crystal Research Associates' Blog

New Research on Agroz Inc. (AGRZ-NASDAQ)

Written by Karen Goldfarb | November 10, 2025 at 1:18 PM

A new Executive Informational Summary is now available on Agroz Inc., a Malaysia-based AgTech company that designs and operates climate-controlled vertical farms producing clean, year-round vegetables. This 24-page report explores Agroz's business model, growth strategy, market opportunity, competitive landscape, and key risks. Download the full report below.

Snapshot

Agroz Inc. is a vertically integrated agricultural technology (AgTech) company pioneering the future of food production through scalable indoor vertical farming and AI-powered farm management systems. Headquartered in Malaysia, the Company designs, builds, and operates climate-controlled farms that produce clean, pesticide-free vegetables year-round. Its proprietary Agroz Operating System (Agroz OS) and Agroz Copilot AI platform optimize every aspect of crop growth, energy use, and supply chain efficiency. With partnerships that include Microsoft and distribution through leading retailers, such as AEON and Village Grocer, Agroz is positioned at the forefront of the AgTech revolution in Southeast Asia and beyond.

Key Points of Agroz Inc.

  • AI-Powered Vertical Farming Platform. Agroz combines its proprietary Agroz OS and Copilot AI assistant to automate vertical farming, from environmental controls to predictive crop analytics, delivering scalable efficiency and consistent high-quality yields.

  • Multiple Revenue Streams with Recurring Potential. The Company earns revenue through the design, construction, and sale of vertical farms; third-party farm management through the use of its Agroz OS; produce sales; and SaaS software licensing, creating a diversified model with strong recurring potential.

  • Strategic Retail and Technology Partnerships. Agroz distributes through major grocers like AEON and Village Grocer and is a Microsoft AI Cloud and ISV partner, boosting its market access and software credibility.

  • Strong ESG and Urban Infrastructure Fit. Its modular, pesticide-free farms are well-suited to urban environments, supporting sustainable, localized food production with lower carbon footprints.

  • IPO-Backed Expansion into High-Growth Markets. Agroz sold 1,250,000 shares at $4.00 in its IPO and began trading on NASDAQ on October 1, 2025 as AGRZ. Proceeds will fund expansion in ASEAN and MENA, including Indonesia, Thailand, and the UAE, where food import reliance and urban demand are rising.

  • Cash and Liquidity. As of December 31, 2024, Agroz reported ~US$85,000 in cash and short-term investments. On October 3, 2025, the Company completed a NASDAQ IPO raising roughly US$5 million, improving near-term liquidity and funding expansion.  

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Visit our Corporate Profile and Investment Highlights pages

for the latest research on Agroz Inc.

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Listen to our podcast:

Agroz's Vertical Farm AI Copilot: Can Generative AI and a $5 million IPO Solve Global Food Security?


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