Epigenetics, including DNA methylation, chromatin remodeling, and RNA interference, can be used as tools to improve fungal strains for biotechnology. Three main levels of epigenetic regulation are DNA methylation, histone modification through chromatin remodeling, and RNA interference. Research has shown that targeting chromatin modification through histone methyltransferases, deacetylases, and other enzymes that regulate gene expression promises to be an effective approach for strain improvement, though DNA methylation appears to play a more limited role in fungi. Future work is likely to focus on exploiting these epigenetic mechanisms, particularly histone modifiers, to optimize fungal strains for industrial applications.