Carbon nanomaterials field-effect transistor (FET)-based electrical biosensors provide significant advantages over the current gold standards, holding great potential for realizing direct, label-free, real-time electrical detection of biomolecules in a multiplexed manner with ultrahigh sensitivity and excellent selectivity. The feasibility of integrating them with current complementary metal oxide semiconductor platform and a fluid handling module using standard microfabrication technology opens up new opportunities for the development of low-cost, low-noise, portable electrical biosensors for use in practical future devices. In this article, we review recent progress in the rapidly developing area of biomolecular interaction detection using FET-based biosensors based on the carbon nanomaterials single-walled carbon nanotubes (SWNTs) and graphene. Detection scenarios include DNA–DNA hybridization, DNA–protein interaction, protein function and cellular activity. In particular, we will highlight an amazing property of SWNT- or graphene-FETs in biosensing: their ability to detect biomolecules at the single-molecule level or at the single-cell level. This is due to the size comparability and the surface compatibility of the carbon nanomaterials with biological molecules. We also summarize some current challenges the scientific community is facing, including device-to-device heterogeneity and the lack of system integration for uniform device array mass production. The detection of biological events is crucial in many life science applications such as disease diagnosis and the analysis of biological systems. Song Liu and Xuefeng Guo from the Beijing National Laboratory for Molecular Sciences and Peking University now review the use of field-effect transistors (FET) based on carbon nanomaterials for biosensing applications. Biosensors made from graphene or carbon nanotubes-based FETs have several advantages. They are very sensitive to environmental parameters such as surface charges or pH values. Furthermore, these nanostructures are very good charge conductors, allowing for a fast response to external changes. In particular sensors based on transistor geometries are of benefit, as biological reactions taking place at their surface directly influence the charge transport through the device. Although reliability remains an issue, such carbon-derived biosensors have already shown protein reactions and detection down to the single molecule level, clearly establishing their potential for practical applications. In this article, we review recent progress in the rapidly developing area of biomolecular interaction detection with excellent selectivity and ultrahigh sensitivity, such as DNA-DNA hybridization, DNA-protein interaction, protein function, and cellular activity, using FET-based biosensors based on the carbon nanomaterials single-walled carbon nanotubes (SWNTs) and graphenes. We also summarize some current challenges the scientific community is facing, including device-to-device heterogeneity and the lack of system integration for uniform device array mass-production.