Marine fungi play a crucial role in energy flow and nutrient recycling, mediating the cycling of dissolved organic matter in marine environments. However, despite being a prolific group of organisms, marine fungi have been largely neglected for a long time. Besides their importance in the marine food web, marine fungi represent an active source of natural products. Over the last years, researchers have focused on studying marine organisms to discover new metabolites with antibacterial, antiviral, and anticancer activities. Moreover, with the advances in high-throughput sequencing technologies and mass spectrometry techniques, genomic and metabolomic approaches have revealed to be of paramount importance in natural products discovery. The marine mycobiome includes many organisms still to be identified, and the ones already known are still underutilized in biotechnological applications. For this reason, it is undeniable that exploring the marine mycobiome including new habitats and substrates, even those of remote access, is fundamental for describing the true magnitude of the Earth’s mycobiome.