Nanoparticles have been widely used as filler in polymer because of their unique reinforcing effect. There are many compounding methods for nanocomposites. The recent development on latex nanocomposites, a group of special nanocomposites, is reviewed in this chapter. They include carbon black/latex nanocomposite, silica/latex nanocomposite, layered silicate/latex nanocomposite, ZnO/latex nanocomposite, carbon nanotubellatex nanocomposite, lignin/latex nanocomposite, starch/latex nanocomposite, nano-fiber/latex nanocomposite, and Chitin whiskers/latex nanocomposite. Advanced compounding techniques and the latest advance on these latex nanocomposites are described. The nanoreinforcing theories of latex nanocomposites are also studied.