Pour the olive oil in your Instant Pot and turn it to sauté mode. Once hot, sauté the onion, red pepper, celery, and garlic until they begin to soften, about 3 minutes.
Add in the chili powder, smoked paprika, ground cumin, cayenne pepper, and ground allspice and cook until fragrant, about 2 minutes.
Add all the remaining ingredients, except the water, vegan ground beef substitute, and parsley, and stir until well combined.
Cover the Instant Pot (make sure it's set to sealing), turn it to manual mode (it should immediately be set for high pressure), and set it for 10 minutes.
Once the steam is released, remove the lid and turn it to sauté mode. Add in the water and vegan ground beef substitute and cook for 3-4 minutes, stirring frequently, until warmed through.
Stir in the parsley and enjoy!
