Fonoa acquires PwC's tax platform and raises $110M to build category-defining AI tax system
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Fonoa, the AI tax operating system for global businesses, today made two major announcements to deepen its leadership in global indirect tax compliance: the acquisition of Indirect Tax Edge (Edge) from PricewaterhouseCoopers (PwC) and a $110 million Series C led by Headline and included participation from new investors Eurazeo and Forestay Capital, alongside existing investors Index Ventures, OMERS, Coatue, and Dawn Capital.