Beeline is a navigation device designed by Map. It gives the cyclist the direct distance and direction of their destination but allows them to find their own way there, a concept called 'fuzzy navigation'. The device connects to the riders phone via bluetooth to enable a smart compass functionality. Then, using a smartphone app, riders set their chosen destination and waypoints before setting off.
It's a very different kind of idea for cycle navigation and a nice, minimal looking product too. You can support the project on Kickstarter (where it has already well exceeded it's funding goal!).