The nickel(0)‐catalyzed carbonylative cycloaddition of 1,5‐ and 1,6‐ene‐imines with carbon monoxide (CO) is reported. Key to this reaction is the efficient regeneration of the catalytically active nickel(0) species from nickel carbonyl complexes such as [Ni(CO)3L]. A variety of tri‐ and tetracyclic γ‐lactams were thus prepared in excellent yields with 100 % atom efficiency. Preliminary results on asymmetric