This article reviews recent basic research on two categories of metal-based nanolaminates: those composed of metal/metal constituents and those composed of metal/ceramic constituents. We focus primarily on studies that aim to understand—via experiments, modeling, or both—the biphase interface structure and its role in changing the mechanisms that govern strength and deformability at a fundamental level. We anticipate that, by providing a broad perspective on the latest advances in nanolaminates, this review will aid design of new metallic materials with unprecedented combinations of mechanical and physical properties.