Allegion Ventures Invests in Asylon Robotics for AI Security
Allegion Ventures, the corporate venture fund of global security products provider Allegion plc, has expanded its investment portfolio with a strategic stake in Asylon, Inc., a frontrunner in robotic perimeter security. This investment comes as part of Asylon’s recently concluded $24 million Series B funding round, which was spearheaded by global software investor Insight Partners, and also saw significant participation from Veteran Ventures Capital and the GO PA Fund.
Founded in 2015, Asylon has positioned itself at the forefront of automated physical security, offering solutions that seamlessly integrate autonomous drones, ground-based robots, and sophisticated AI-powered command software. This integrated approach provides a tech-enabled, automated layer of security, particularly vital for commercial and government entities with stringent security requirements. The company boasts an impressive track record, having completed over 250,000 robotic security missions to date, safeguarding critical infrastructure, expansive corporate campuses, bustling logistics hubs, and sensitive defense installations.
Bobby Prostko, Managing Director at Allegion Ventures, highlighted that this latest investment underscores the parent company’s commitment to backing forward-thinking enterprises that are actively shaping the future of security and access control. Prostko emphasized Asylon’s innovative application of robotics and artificial intelligence to deliver scalable, automated security solutions, which he believes are fostering safer and smarter environments for businesses, institutions, their employees, and their customers. He expressed excitement about contributing to Asylon’s continued growth.
Asylon intends to strategically deploy the newly acquired Series B funding to bolster its operational capabilities. Plans include expanding its engineering, operations, and go-to-market teams, accelerating the development of its diverse robotic platforms, and deepening key partnerships across the defense, logistics, and critical infrastructure sectors. Damon Henry, CEO and Co-Founder of Asylon, expressed pride in the new partnership with Allegion Ventures. He noted that Allegion’s established legacy and deep expertise in traditional physical security and access control perfectly complement Asylon’s core mission of modernizing perimeter security through advanced robotics and AI. Henry articulated a shared vision, believing that this collaboration will unlock new possibilities in meeting the escalating global demand for smarter, safer infrastructure. While the strategic significance of the investment is clear, the specific financial terms of Allegion Ventures’ stake in Asylon were not publicly disclosed.