This Chef Saltbaker figure is released by Funko in their POP! Games x Cuphead 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 Funko POP! Games x Cuphead features characters from the run and shoot platform side scrolling video game of the same name. The game features Cuphead and Mugman as they battle to repay debts to the Devil!