Bioactive peptide natural products are an important source of therapeutics. Prominent examples are the 19 antibiotic penicillin and the immunosuppressant cyclosporine which are both produced by fungi and have 20 revolutionized modern medicine. Peptide biosynthesis can occur either non-ribosomally via large enzymes 21 referred to as non-ribosomal peptide synthetases (NRPS) or ribosomally. Ribosomal peptides are synthesized as 22 part of a larger precursor peptide where they are posttranslationally modified and subsequently proteolytically 23 released. Such peptide natural products are referred to as ribosomally synthesized and posttranslationallly 24 modified peptides (RiPPs). Their biosynthetic pathways have recently received a lot of attention, both from a 25 basic and applied research point of view, due to the discoveries of several novel posttranslational modifications 26 of the peptide backbone. Some of these modifications were so far only known from NRPSs and significantly 27 increase the chemical space covered by this class of peptide natural products. Latter feature, in combination with 28 the promiscuity of the modifying enzymes and the genetic encoding of the peptide sequence, makes RiPP 29 biosynthetic pathways attractive for synthetic biology approaches to identify novel peptide therapeutics via 30 screening of de novo generated peptide libraries and, thus, exploit bioactive peptide natural products beyond 31 their direct use as therapeutics. This review focuses on the recent discovery and characterization of novel RiPP 32 biosynthetic pathways in fungi and their possible application for the development of novel peptide therapeutics. 33 34 38 Meanwhile, the search for novel natural products with pharmacological activities continues. High-throughput 39 screens using molecular and cellular bioassays allow the evaluation of large numbers of natural products and 40 synthetically generated compound libraries for bioactivities of interest. Statistical analysis of the 41 complementarity of natural products and synthetic compounds showed that 40% of chemical scaffolds of natural 42 products are absent in synthetic compound libraries (Henkel et al. 1999), demonstrating that the biomedical 43 relevance of natural products lies in their wide range of structural diversity and complexity. Thus, natural 44 products continue to play a significant role in drug development. From the 1940s to 2014, 40% of small molecules 45 approved for cancer treatment were natural products or derivatives thereof (Newman and Cragg 2016). Plants 46 and microorganisms are the main sources of bioactive natural products (Dias et al. 2012). The vast dimension of 47 'microbial dark matter' suggested by genomic microbiome studies promises an enormous variety of bioactive48natural products yet to be discovered (Solden et al. 2016). This is also true for fungi where it is assumed that only 49 about one-twentieth of all existing fungi have been described and an even smaller fraction has been cultured 50 successfully in the lab (Jiang and An 2000...