Ruthenium‐catalyzed C–C bond forming reactions between diazoalkanes and alkynes have gained much attention in recent years due to their unique ways for the formation of various synthetic scaffolds via an electrophilic vinyl ruthenium carbene intermediate. These 16‐electron species are isoelectronic with the Grubbs type ruthenium‐benzylidene catalyst, but their structural geometry and ligand liability make them more innovative in catalytic reactions. Recent advances in this field with respect to vinyl ruthenium carbenes and their coupling partners, thus leading to a step‐economical access to versatile molecular architectures, are discussed herein in a sustainable manner.