First, turn your Instant Pot on to Sauté (use the Low Sauté setting if your Instant Pot has one). Put your ground venison in the pot and cook, breaking it up as you go, for five minutes.
Add the onion and the jalapeno peppers; sauté, stirring often, until the vegetables are soft (roughly 3 minutes). Hit Cancel on the Instant Pot.
Add the rest of the ingredients to the pot. Put the lid on and turn it to lock. Set the Instant Pot to Manual and set the timer for 20 minutes.
When the cooking is done, do a quick release of the pressure. Remove the lid and stir.