The study found that from January to September 2020, video funds raised by streaming companies totalled about $15.93 billion, mainly driven said BuyShares by the Covid-19 pandemic spurring more investment in such companies.

From the data, the highest amount was raised amid the coronavirus pandemic global peak in March and April. During this period, most people turned to the streaming platforms to pass time while in lockdown. Specifically, the highest amount was raised in April this year at $6.08 billion, representing a growth of about 131.77% from March’s $2.62 billion. The lowest amount was raised in January at $18.57 million.

The research also overviewed the most active investors in video streaming companies between Q1 1997 to Q3 2020. There were a total of 330 investments with Google accounting for the highest share at 32.42%. Google’s 107 investments were at least double compared to second-placed Castor Venture’s 47 investments. Other investments came from Facebook (26), Bilibili (24), and HearstCommunications (19).

In terms if single deals in the sector, Facebook’s $5.9 billion investment in Reliance Jio ranked the highest. Google also invested in Reliance Jio at $4.59 billion and ADT Security at $0.45 billion. Google’s parent company Alphabet also recorded notable investments in Waymo at $2.3 billion and Sidewalk Infrastructure Partners at $0.4 billion.

BuyShares said that the scenario has scenario presented a big opportunity for investors to profit. However, it cautioned that as streaming companies gained more users during this period, investors must strive to ensure the record numbers are maintained after the pandemic.