The prize was given to Israeli directors Gal Muggia and Vania Heymann and Ukrainian studio Gloria FX from Dnipro.
They have created surrealistic visual effects for Coldplay's song "Up&Up" video. The clip was shot in Kyiv and Los Angeles.
Lead vocalist of Coldplay Chris Martin called the clip "one of the best videos people have made".
It has beaten clips from Adele, Zayn, The Weeknd, and FKA Twigs in the nomination.
The clip was released in May. Since then, it has been viewed over 75 million times on YouTube.