Levitating turntable maker goes into receivership

Ljubljana – Mag-Lev Audio, a Slovenian startup that developed the first levitating turntable in the world and collected EUR 800,000 in Kickstarter and Indie Gogo campaigns, has gone into receivership. After launching production, the company failed to find a market for its product. The Nova Gorica District Court launched receivership proceedings on 10 September, according to the AJPES agency for legal records. The company led by Davorin Furlan and Tomaž Pegan was one of the most successful Slovenian companies on crowdfunding platforms. The MAG-LEV Audio team manufactured the first levitating…

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