Strobilomyces foveatus is a little-known species of fungus in the Boletaceae family. It was first reported by mycologist E.J.H. Corner in 1972, from specimens he collected in Malaysia in 1959, and has since been found in Australia. Fruit bodies are characterized by the small dark brown to black conical scales covering the cap, and the net-like pattern of ridges on the upper stem. The roughly spherical spores measure about eight micrometres, and are densely covered with slender conical spines.