This Phil vinyl figure is released by Funko in their POP! Movies x Minions Paradise vinyl figure series.

Funko POP! is a crossover vinyl figure series by Funko and other famous franchises such as Disney, Pixar, DC Comics, Marvel Comics, Simpsons, South Park, Uglydoll, etc. Each POP! figure is about ~3" to ~5" tall and crafted in a Japanese anime/manga super-deformed style (NOTE: due to the unique design of each character, the actual size of the figures may be smaller or bigger than stated).

The POP! Movies x Minions Paradise features characters from the mobile game that is based on the Despicable Me franchise. The game follows the Minions as they go on vacation on a cruise ship, where things quickly go wrong after some of Phil's antics result in the ship sinking, leaving the Minions in the water and him on a deserted island. This causes them to grow angry at him, so he must try to make it up to them by turning the island into a perfect vacation spot.