We like to keep our eyes on crowdfunding projects from the region, so this time around we bring to you Velodroom, a startup from Estonia that just launched a campaign on Kickstarter.

The big idea? Smart bicycle brake light. How can a light be smart? For one it knows when to shut itself off (Hint: when the bike is stationary) and when to start blinking again. It also detects deceleration, allowing it to act as a brake light.

This might not sound like a big deal, but when you bike everyday, this will make your drive safer and more convenient. There is no need to turn the light on or off and you can easily charge it using a USB cord. It looks great as well.

It even detects the current level of ambient light and adjusts the intensity of your light accordingly. The only downside to the project is that perhaps the team should have taken it one step further. Would be great to have a built-in GPS to detect and log your speed, geo-location, and other interesting and unexplored statistics of your daily commute.

The team does promise that this will not be a one-off project and hopes to provide a range of hassle-free biking accessories for both road and extreme bikes.

Velodroom’s goal is to raise at least £34,600 and at the time of writing, they have already raised £3,058. This is quite good, considering they only launched yesterday. You can track their progress here.