4th Level Ventures’ first investment assisted SIP company AXEON Limited in the sales and marketing of its product, VindAX, which uses unique validated neural network technology to develop solutions for the auto industry.

4th Level Ventures invested £600,000, co-leading the funding round with Aberdeen Murray Johnstone, who invested a further £500,000.

SIP companies supply design building blocks to the semiconductor industry to allow the rapid development of very complex microprocessor chips. AXEON’s products originate from unique learning algorithms which can be implemented in a microprocessor, enabling high performance real time solutions to complex and uncertain data problems in a variety of different industry sectors.