Innovative U.K. startups to watch in 2016: Bloomberg
The start-ups were selected after being judged by a panel including 2 Bloomberg heads and 10 external judgesReuters

Bloomberg recently listed 53 UK start-ups in its Business Innovators 2016 guide. The companies on the list, according to Bloomberg, are the ones to watch out for in 2016 as they display the strength and breadth of the UK start-up community.

While these companies have not been ranked, they operate across sectors, including biotech, finance, energy and marketing among others, and made it to the list after witnessing a selection process judged by a panel including 2 Bloomberg heads and 10 external judges.

While Bloomberg's heads included Nate Lanxon, the European head of its news business, and Caroline Hyde, of Bloomberg Television, the 10 external judges included Giles Andrews, co-founder at Zopa; Claire Braithwaite, former head of Tech North; and Gi Fernando, founder at Freeformers, among others.

Proven inventiveness and an ability to challenge the way the country already does business, apart from evidence of strong demand for their ideas, either locally or at a global level, were the criteria to make it to the Business Innovators 2016 list. The innovators include -

1 Loaf 28 Transferwise
2 Darktrace 29 CityFibre
3 EVRYTHNG 30 Blaze
4 Farmdrop 31 Rapha
5 Deliveroo 32 Sky-Futures
6 Open Bionics 33 Purplebricks
7 Blippar 34 Graze
8 Jukedeck 35 Secret Escapes
9 Pavegen 36 RealityMine
10 Bloom & Wild 37 Improbable
11 Metro Bank 38 Crowdcube
12 Open Utility 39 BBOXX
13 Pact Coffee 40 RateSetter
14 Entrepreneur First 41 Nutmeg
15 Cambrdige Quantum Computing 42 MyOptique Group
16 Made.com 43 DueDil
17 Boldmind 44 Property Partner
18 Appear Here 45 Lyst
19 Digital Shadows 46 Grind & Co
20 M Squared Lasers 47 Busuu
21 Qubit 48 Flypay
22 Signal Media 49 Funding Circle
23 Seedrs 50 GoCardless
24 Brightbridge Ventures 51 Heat Genius
25 Neighbourly 52 Onefinestay
26 Onfido 53 WorldRemit
27 Not on the highstreet.com

Lisa Smorsarski, founder of Stylist magazine and one of the judges, said: "There's a real school of thought of globalization and taking everything big as quickly as possible. But there are smaller trends as well about localization and serving communities in an exceptional way."

Eric van der Kleij, managing director of innovation lab ENTIQ, who was also amongst the list of judges, said businesses could thrive and succeed in the UK because it was a big addressable market, a reason why many businesses would launch here before expanding into Europe.