In an Instant Pot, brown the cubed beef. Remove once beef is browned.
Sauté diced onion and garlic until the onion is translucent.
Add chopped carrot and cubed sweet potato and cook for 4-5 more minutes.
Add beef stock, tomato sauce, soy sauce, salt, and pepper to Instant pot. Scrape bottom to remove any browned bits.
Add halved baby potatoes, browned beef, bay leaf, and thyme sprigs to Instant Pot.
Pressure cook on high for 35 minutes and allow to naturally de-pressurize.
Once Instant Pot is de-pressurized, add frozen peas and cook until heated through. Discard bay leaves and thyme sprigs then serve.