Multiple IF and IF (AND) arguments in one formula

You have extra closing brackets in your formula. Try the below,

=IF(AND([VO Feed status]@row = "VO: Pending file receipt", [QA Feed Status]@row = "QA: feed aligned to sprint"), "Aligned to Sprint", 
    IF(AND([VO Feed status]@row = "VO: Pending file receipt", [QA Feed Status]@row = "QA: feed in development"), "In Development", 
        IF(AND([VO Feed status]@row = "Pending file receipt", [QA Feed Status]@row = "QA: feed in testing"), "In UAT", 
            IF(AND([VO Feed status]@row = "VO: Pending file receipt", [QA Feed Status]@row = "QA: feed in production"), "In Production", 
                IF([VO Feed status]@row = "VO: Backlog", "Backlog", 
                    IF([VO Feed status]@row = "VO: Pending initial VO (Aon)", "Pending Vendor Outreach", 
                        IF([VO Feed status]@row = "VO: Pending vendor response", "Vendor Outreach Ongoing", 
                            IF([VO Feed status]@row = "VO: Intake call scheduled", "Vendor Outreach Ongoing", 
                                IF([VO Feed status]@row = "VO: Pending legal and/or fee execution", "Vendor Outreach Ongoing", 
                                    IF([VO Feed status]@row = "VO: Pending file receipt", "Data Receipt & Acceptance", "error")
                                )
                            )
                        )
                    )
                )
            )
        )
    )
)