Allegion Ventures Invests in Asylon Robotics to Pioneer Future of Security

Allegion Ventures, the corporate venture fund of Allegion plc, has announced a strategic investment in Asylon, Inc., a leader in robotic perimeter security technology. This move comes as part of Asylon's recent $24 million Series B funding round, led by Insight Partners, with contributions from Veteran Ventures Capital, the GO PA Fund, and Allegion Ventures. Asylon's innovative approach combines autonomous drones, ground robotics, and AI-driven command software to offer comprehensive security solutions for high-risk environments.

The investment by Allegion Ventures signifies a strong belief in the potential of robotics and AI to transform the security industry. Bobby Prostko, Managing Director of Allegion Ventures, emphasized the importance of Asylon's technology in creating safer and smarter environments for businesses and institutions. Asylon's track record includes over 250,000 robotic security missions, safeguarding critical infrastructure, corporate campuses, and defense installations since its founding in 2015.

Asylon plans to utilize the Series B funding to enhance its engineering and operational capabilities, accelerate product development, and forge stronger partnerships in defense, logistics, and critical infrastructure sectors. Damon Henry, CEO and Co-Founder of Asylon, expressed enthusiasm about the partnership with Allegion Ventures, noting the synergy between Asylon's mission to modernize perimeter security and Allegion's expertise in physical security and access control.

This collaboration between Allegion Ventures and Asylon Robotics is poised to address the increasing global demand for advanced security solutions. By leveraging cutting-edge technology, the partnership aims to set new standards in the security industry, offering scalable and automated solutions that meet the evolving needs of commercial and government markets. For more information on Allegion Ventures, visit https://www.AllegionVentures.com, and to learn more about Asylon's robotic security solutions, visit https://asylonrobotics.com/.