Dried Mushrooms, bring 2 cups water to boil in heavy small saucepan. Add mushrooms.
Cover and let stand until mushrooms soften, about 10 minutes.
Transfer mushrooms to cutting board and chop coarsely, reserve liquid.
Select Sauté or Browning on your Pressure Cooker and allow to heat.
Add oil and butter to Instant Pot and shallots or garlic/onion mixture, fennel seeds or thyme, stir and then add rice cook for three minutes.
Add wine and cook until almost evaporated, stirring frequently, about 1 minute.
Mix in 3.5 cups broth (or 2 cups broth/1.5 cups reserved mushroom soaking liquid), salt and mushrooms.
Lock lid in place and close Pressure Valve. Press manual and adjust time to 4 minutes. Cook at High Pressure for 4 minutes. After beep, do a Quick Release (careful its hot).
Turn Pot off and select sauté. Stir rice until creamy and tender but still firm to the bite, approximately 2 minutes.
If more liquid is needed, stir in a little more broth or reserved mushroom liquid. Add more until desired creaminess is achieved.
Mix in cheese and butter. Season risotto with salt & pepper to taste.
Transfer to heated plates or serving bowl.
Garnish with parsley or chives and serve while hot!