This Black Panther vinyl figure is released by Funko in their POP! Marvel x Black Panther: Wakanda Forever 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! Marvel x Black Panther: Wakanda Forever series features characters from the 2022 American superhero film based on the Marvel Comics character Black Panther. It is the sequel to Black Panther (2018) and the 30th film in the Marvel Cinematic Universe (MCU). In the film, the leaders of Wakanda fight to protect their nation in the wake of King T'Challa's death.