Five Madison companies were honored at the 2016 Wisconsin Innovation Awards that took place Tuesday at the Wisconsin Union Theater.

Lynx Biosciences, Redox, Square Harvest Inc., Understory and POLCO were among 10 companies chosen by a panel of 18 industry experts from around the state.

A total of 186 businesses, products and services from around the state were nominated, and 35 were selected as finalists.

Former Onion CEO Steve Hannah was the keynote presenter.