Agroz Inc. (AGRZ)
Agroz Inc. is a Malaysian agricultural technology company focused on controlled environment agriculture—specifically, designing, developing, building, and operating large-scale industrial vertical farms that grow leafy greens and vegetables in climate-controlled indoor environments. Founded in 2020 and headquartered in Petaling Jaya, the company listed on the NASDAQ Capital Market under ticker AGRZ in October 2025, making it the first Southeast Asian agtech company to complete an IPO on that exchange.
The company’s core business is end-to-end: it controls facility design, construction, ongoing operations, and farm management. Its farms produce a range of pesticide-free crops cultivated in stacked, vertical systems—a model that emphasizes space efficiency, local supply chains, and reduced transportation. By concentrating production close to consumption markets, Agroz positions itself as a solution to food security, freshness, and supply continuity in regions where land and climate present barriers to traditional agriculture.
Revenue by Operating Focus
| Area | Details |
|---|---|
| Vertical farming (leafy greens) | Green butterhead, red butterhead, green coral, red coral, green oak, wild rocket, green kale, arugula |
| Technology & systems | Proprietary Agroz OS platform; AI-driven production deployed on Microsoft Azure |
| Geographic expansion | Malaysia base; recent initiatives in Japanese strawberry vertical farming |
Agroz grew revenue significantly, reporting 40.86 million in 2024—a 121% increase year-over-year—while earnings reached 3.51 million. The company’s growth trajectory reflects expanding farm capacity, operational maturity, and entry into new crop categories and geographic markets. Its technology stack positions it as not merely a farm operator but a data-driven agtech player, using AI to optimize yields, resource allocation, and crop scheduling across its facilities. As vertical farming moves from niche to scaled commercial deployment, Agroz’s early-mover status in Southeast Asia and its integration of proprietary software systems differentiate it within the broader CEA sector.