The [6π+2π]‐cycloaddition of O‐, S‐, N‐, Hal‐, and Si‐containing alkynes and 1,3‐diynes to 1,3,5,7‐cyclooctatetraene was accomplished for the first time using a Co(acac)2‐based four‐component catalytic system [Co(acac)2/dppe/Zn/ZnI2] to give previously undescribed functionally substituted bicyclo[4.2.2]deca‐2,4,7,9‐tetraenes in 72–95% yields. These products are of interest as key monomers for the synthesis of natural and synthetic biologically active compounds.