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Nucode

Category: AI Infrastructure

Nucode provides a total AIoT development ecosystem consisting of pre-certified, ultra-low power 'NU-Modules' and a no-code/low-code development workspace 'NU-Works' to simplify the manufacturing of smart devices. Nucode was founded in 2024. The company is led by Gwanhyeong Lee. Based in Seoul, South Korea. Team size: 1-10. Total funding raised: Undisclosed. Latest round: Grant (2025) - AI development platform; last VC was Seed. Key investors include Korea Investment Accelerator, Ministry of SMEs and Startups (TIPS).

Founded
2024
Headquarters
Seoul, South Korea
Team size
1-10
Total funding
Undisclosed

Value proposition

Democratizes IoT manufacturing by reducing the technical barrier to hardware development and shortening time-to-market through pre-certified modules and an easy-to-use programming environment.

Products and solutions

NU-Module Series (NU40 DK, NU-54 Bluetooth 5.4 Module), NU-Works (No-code/Low-code IDE and Workspace for MCU/RTOS), NU-Combo (On-device AI & high-speed video transmission module), MQTT-based low-power hardware solutions, AIoT Development Wiki & Documentation platform

Unique value

Unlike traditional embedded development which requires deep C/C++ and hardware knowledge, Nucode offers a 'no-code' approach specifically for MCU and RTOS-based systems, combined with high-performance on-device AI.

Target customer

IoT device manufacturers, smart hardware startups, software developers entering the hardware market, and enterprise IoT solution providers.

Industries served

Smart Home & Security, Industrial IoT (IIoT), Smart Mobility, Wearable Devices, Smart City Infrastructure

Technology advantage

Proprietary integration of ultra-low power communication protocols (BLE 5.4, WiFi 6E, Matter, Thread) with on-device AI; Modules come with pre-obtained global certifications (KC, FCC, CE) to facilitate immediate export.

How they differentiate

Bridges the gap between no-code software and mass-producible hardware via 'NU-Works' (a low-code IDE for MCU/RTOS) and pre-certified modules (KC, FCC, CE) that eliminate the typical 6-month certification delay.

Main competitors

Particle, Tuya Smart, Daliworks (Thing+)

Key partnerships

Korea Investment Accelerator (Seed Investor), Radio Promotion Association (RAPA) - Joint R&D for 2025 unlicensed frequency projects, Big Mobility & Jetik AI (Collaborative tech demonstration), Ministry of SMEs and Startups (TIPS program partner)

Notable customers

Radio Promotion Association (RAPA), Big Mobility, Jetik AI, Domestic and international IoT distributors

Major milestones

Founded in June 2024 by serial entrepreneur Gwanhyeong Lee, Selected for 'Barun Donghaeng' 5th Batch by Korea Investment Accelerator (Sep 2024), Won the Presidential Award at the 2024 Radio Broadcasting Technology Awards, Selected for the TIPS program by the Ministry of SMEs and Startups (Dec 2024), Announced mass production and participation in CES 2026 conference

Growth metrics

Secured major government grants (TIPS) and venture capital within 6 months of founding; launched mass production of AI modules by early 2025.

Market positioning

AIoT infrastructure enabler focused on rapid mass-production for hardware non-experts.

Geographic focus

South Korea, North America (CES presence), and Global distribution channels.

Patents and IP

Holds proprietary IP in low-power communication and on-device AI integration; recognized with the 2024 Presidential Award at the Radio Broadcasting Technology Awards for technological excellence.

About Gwanhyeong Lee

Serial entrepreneur in the IoT and hardware sector. He was the Founder and CEO of Cheese Coconut (주식회사 치즈코코넛), an IoT startup that developed smart home security devices. He has extensive expertise in low-power communication protocols (BLE, Wi-Fi 6E, Zigbee, Matter) and on-device AI hardware integration.

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