Nissay Capital and Mitsui Sumitomo Insurance Venture Capital, both existing investors, returned for Optical Comb's $11.8m series B round.

Optical Comb, a Japan-based developer of optical frequency combs, has secured ¥1.29bn ($11.8m) in series B capital from investors including subsidiaries of insurance firms Nippon Life and Mitsui Sumitomo Insurance.

Nissay Capital and Mitsui Sumitomo Insurance Venture Capital were joined by financial services firms Iyo Bank and Yamanashi Chuo Bank, through their respective subsidiaries Iyo Bank Capital and Yamanashi Chugin Management Consulting.

Tokyo Institute of Technology’s Innovations and Future Creation fund, public-private partnership Innovation Network Corporation of Japan (INCJ), Hiroshima…

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