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.
Official website: https://www.nucode.co.kr/