An investment fund which claims to be one of the world’s first funds to allow investors to put money into robotics has been launched by incubator Sturgeon Ventures and investment adviser RoboCap.

The RoboCap UCITS Fund aims to channel investment into high-growth fields of robotics and automation technology such as 3D printers and high-precision surgical robots.

Jonathan Cohen of RoboCap said: “Robotics and automation are creating disruptive changes in every single industry. But we are now at an inflexion point because the cost and performance of robots and the average wages in manufacturing are now converging.

“Our aim is to become the leading investor in robotics and automation listed stocks, delivering the best risk-adjusted returns for investors.”