Emerald Technology Ventures joins USD 17 million Switched Source funding round

Emerald Technology Ventures invested in Switched Source as part of a more than USD 17 million financing round. Switched Source develops distribution-grid automation hardware, led by its Phase-EQ device that balances three-phase power to unlock capacity. Funding targets expanded manufacturing and production to support a larger North American deployment pipeline. Switched Source reported 150,000 run hours across 12 utilities, with field results showing 10% to 25% load-serving capacity gains. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emerald Technology Ventures AG published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein. (C)