Kiwi cyclist Eddie Dawkins finished just out of the medals in the men's sprint at the track cycling World Cup in Cambridge.
Dawkins was beaten 2-1 by Levy for the bronze medal at Cambridge's Avantidrome on Sunday.
Levy, part of Germany's bronze medal-winning sprint team at the 2012 London Olympics, paced the first heat perfectly to head Dawkins home by .042.
Dawkins took the second heat with a gritty win by the narrowest of margins, holding off Levy's surge on the line to win by .006.
The German wrapped up the win by .034 in the decider.
Disappointed not to have added a fourth medal to New Zealand's tally of two silvers and a bronze at Cambridge, Dawkins said he felt the Kiwi sprint squad had made encouraging progress in the rundown to next year's Olympics.
"I feel like we've made huge strides towards Rio, and Rio is the focus," he said.
It's unlikely Dawkins will travel to Hong Kong for the third and final World Cup next month but, with the world championships in March, there's little chance of a Christmas blow-out.
"I'll probably do a few more circles and lift a bit of tin in the gym," he said.
"It'll be back to hard training, to get ready for the worlds."
Dawkins had drawn well-performed Australian Matthew Glaetzer in the semi-finals, pushing him close in the first heat before succumbing by .045sec.
Part of Australia's champion Olympic sprint team at the London Games, Glaetzer stretched out the margin to .182 to win the second heat.
Glaetzer went on to take gold 2-0 in the final over Max Niederlag, winning the first heat by .029 before comfortably taking the second .625 ahead of the German.
Dawkins had earlier downed teammate Sam Webster 2-0 in the quarter-finals, a day after the pair helped New Zealand to silver in the team sprint.
The big Southlander edged Webster by .012 in the first heat, taking the second in a fractionally more comfortable .021 margin.
Webster, 24, went on to finish eighth overall.
