LionBird leads $4.6m series A into Chicago's PhysIQ life sciences spin-out.

PhysIQ, a life sciences spin-out incubated by Chicago University, has raised $4.6m in its series A round. The round was led by venture capital firm LionBird.

Originally known as VGBio, Chicago University awarded the company $75,000 in 2011 through its Innovation Fund. The money allowed the company to conduct a study of its predictive analytic technology, which is based on research undertaken at the Argonne National Laboratory. The university stayed involved in the company following the study, and supported its…