Grid-enhancing power-flow control for distribution utilities
Switched Source is a Chicago company building grid-enhancing distribution automation technologies that help electric utilities increase reliability and unlock latent capacity without expensive new wires. Its Phase-EQ platform dynamically balances real and reactive power across three phases on distribution circuits. On 13 October 2026 it raised over $17 million led by Cubit Capital, with participation from ABB, Emerald Technology Ventures, Red Cedar Ventures, Southern States, Southwire Company, and other strategic investors. CEO Charles Murray leads the company.